Richard Clarida — SPARQNOW

At-a-Glance

Recipient of the Treasury Medal.
Serves as Global Economic Advisor at PIMCO, rejoining in 2022 after previously serving from 2006 to 2018.
Served as Vice Chairman of the Board of Governors of the U.S. Federal Reserve System from September 2018 to January 2022.
C. Lowell Harriss Professor of Economics and International Affairs at Columbia University since 1988.
Notable for contributions to dynamic stochastic general equilibrium theory and international monetary economics.
Introduced the concept of a 'new neutral' for American monetary policy in 2014.
Holds a Ph.D. and master's degree in economics from Harvard University.

Biography

Richard Clarida is the Global Economic Advisor at PIMCO and the C. Lowell Harriss Professor of Economics and International Affairs at Columbia University. He rejoined PIMCO in 2022, having previously served as the firm's global strategic advisor from 2006 to 2018. His career also includes significant public service and academic contributions.

From September 2018 to January 2022, Dr. Clarida served as Vice Chairman of the Board of Governors of the U.S. Federal Reserve System.