Joseph G. Carson

Joseph G. Carson

Director—Global Economic Research

15 Years at AB
35 Years of experience

Joseph G. Carson joined the firm in 2001. He oversees the Economic Analysis team for Fixed Income and has primary responsibility for the economic and interest-rate analysis of the US. Previously, Carson was chief economist of the Americas for UBS Warburg, where he was primarily responsible for forecasting the US economy and interest rates. From 1996 to 1999, he was chief US economist at Deutsche Bank. While there, Carson was named to the Institutional Investor’s All-Star Team for Fixed Income. He began his professional career in 1977 as a staff economist for the chief economist’s office in the US Department of Commerce, where he was designated the department’s representative at the Council on Wage and Price Stability during President Carter’s voluntary wage and price guidelines program. In 1979, Carson joined General Motors as an analyst. He held a variety of roles at GM, including chief forecaster for North America and chief analyst in charge of production recommendations for the Truck Group. From 1981 to 1986, Carson served as vice president and senior economist for the Capital Markets Economics Group at Merrill Lynch. In 1986, he joined Chemical Bank; he later became its chief economist. From 1992 to 1996, Carson served as chief economist at Dean Witter, where he sat on the investment-policy and stock-selection committees. He received his BA and MA from Youngstown State University and did his PhD coursework at George Washington University. Location: New York

Yellen Signals Higher Official US Rates
National Defense: Is Another Spending Boom on the Horizon?
The Trump Five: A Closer Look at the Economic Agenda
Clinton and Trump: Assessing the Economic Policy Visions
Dear Fed: What’s Up with Inflation?

Dear Fed: What’s Up with Inflation?

by Joseph G. Carson

On Wednesday, the FOMC decided to leave official rates unchanged, in part because inflation “has continued to run below the Committee’s 2% longer-run objective.” However, we believe that the Fed and other central banks may not be seeing the full extent of inflation—because they’re not looking in all the right places.

Economics


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