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Announcements

Karen Karniol-Tambour, Co-CIO at Bridgewater Associates

ECNY: Video Webinar

Join us and Karen Karniol-Tambour for a discussion on the economics of sustainable and social responsible investing.

Apollo (APO) CEO Marc Rowan Sees 'Non-Recession Recession' as Rate Hikes Bite

BLOOMBERG:  Apollo (APO) CEO Marc Rowan Sees 'Non-Recession Recession' as Rate Hikes Bite

Fixed income and equities markets have already adjusted, Rowan said Tuesday at an event hosted by the Economic Club of New York. Other areas, including real assets, have yet to fully price in the effects of rising interest rates.

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Marc Rowan, CEO of Apollo Global Management

ECNY: Signature Luncheon

Join us for a discussion on the transformative role of private markets in today's economy with Marc Rowan and Andrew Ross Sorkin.

Sally Susman, Chief Corporate Affairs Officer of Pfizer

ECNY: Video Webinar

Author Series

Join us as Sally Susman and Reshma Saujani explore the impacts of effective communication and motivation on humanity and workplace dynamics in the wake of a global pandemic.

Henry Kissinger is turning 100. A long-running meme wishes otherwise.

Henry Kissinger at 100: Polarising US diplomat's legacy in spotlight

The National News: Henry Kissinger at 100: Polarising US diplomat's legacy in spotlight
As Henry Kissinger – America's most polarising diplomat – turns 100, scholars and historians are again reviewing the legacy of a man who is both reviled and revered.

Born in the Bavarian city of Fuerth on May 27, 1923, Mr Kissinger this week showed that his interest in foreign policy has never waned, when he weighed in on the war in Ukraine and other geopolitical issues.

“The time has come to begin talks about a ceasefire, preferably after the [Ukrainian] offensive that is now planned,” he told the Economic Club of New York, which held a lavish event in his honour.

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Celebrating Henry Kissinger

ECNY: Signature Luncheon

Join us as we celebrate Dr. Henry Kissinger. In honor of his 100th birthday, we will take a walk back trough his astonishing career and hear directly from him on what's to come.

Laurence H. Tribe, University Professor Emeritus at Harvard University

ECNY: Video Webinar

Larry Tribe will share his timely perspective on the constitutionality of the debt ceiling, the situation between Disney & Gov. DeSantis in Florida, and more from his distinguished law career.

Oksana Markarova, Ambassador of Ukraine to the United States

ECNY: Video Webinar

Abassador Oksana Markarova will talk about the implications of the Russia-Ukraine war.

Top US Fed Official Does Not Rule Out Further Rate Hike

BARRON'S: Top US Fed Official Does Not Rule Out Further Rate Hike

The comments by New York Fed President John Williams came a week after policymakers unveiled a tenth and possibly final rate increase in the current cycle, adding that they would consider the impact of existing hikes before determining further moves.

But on Tuesday, Williams told the Economic Club of New York: "We haven't said we're done raising rates."

He acknowledged "incredible progress over the past year or so" in lifting rates to bring inflation down, but added: "I think what we're going to need to do as we always do is be data dependent."


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Fed’s John Williams says rates could be increased if inflation doesn’t come down

CNBC: Fed’s John Williams says rates could be increased if inflation doesn’t come down

NEW YORK — New York Federal Reserve President John Williams on Tuesday cautioned that interest rate increases will take a while to work their way through the economy before inflation returns to an acceptable level.

The central bank official gave no forecast for where he sees policy headed but said he doesn’t expect inflation to return to the Fed’s 2% goal until the next two years. Should inflation not come down, he said the Fed always has the option to raise rates.

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New York Fed President John Williams leaves door open to rate hike pause

NEW YORK POST: New York Fed President John Williams leaves door open to rate hike pause

In his formal remarks on Tuesday, Williams said “I am confident we are on the path to restoring price stability,” adding, “As always, I’ll be monitoring the totality of the data and what it implies for the achievement of our goals.

He said price pressures remain “too high,” and added that the Fed remains committed to bringing inflation back to the central bank’s 2% target. He also said, “Although we have seen some signs of a gradual cooling in the demand for labor — as well as for some goods and commodities — overall demand continues to exceed supply.”
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Williams Says Fed Is Data Dependent, Leaves Door Open to Pause

BLOOMBERG: Williams Says Fed Is Data Dependent, Leaves Door Open to Pause

Federal Reserve Bank of New York President John Williams said he is monitoring how strains in the banking sector affect the US economy and left the door open to leaving interest rates on hold next month.

“I will be particularly focused on assessing the evolution of credit conditions and their effects on the outlook for growth, employment, and inflation,” Williams said Tuesday at an event with the Economic Club of New York. “We’re going to get a lot of data between now and our June meeting.”

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John C. Williams, President and CEO of the NY Fed

ECNY: Signature Luncheon

As president and CEO of the Federal Reserve Bank of New York, John Williams serves as the Vice Chair and a permanent member of the Federal Open Market Committee. He will address the Club on the U.S. economic outlook and monetary policy.

Fed's Williams says commercial real estate a 'real issue' for banks

AMERICAN BANKER: Fed's Williams says commercial real estate a 'real issue' for banks

Federal Reserve Bank of New York President John Williams said the health of the office sector is a "real issue" for banks but not an immediate threat to financial stability.

Speaking at an event hosted by the Economic Club of New York on Tuesday afternoon, Williams said he and other bank supervisors are keenly focused on what falling commercial real estate values might mean for banks and their loan books.

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Daniel Huttenlocher Dean and Professor at MIT

ECNY: Video Webinar

Daniel Huttenlocher, Inaugural Dean of MIT Schwarzman College of Computing will give insights on AI.

NYC Series Breakfast With Keechant Sewell

ECNY: NYC Series Breakfast

NYC Roundtable Series with Keechant L. Sewell, 45th Commissioner, New York City Police Department. This is off the record roundtable discussion with the focus on Public Safety and is aimed at helping to rebuild New York City.

BLOOMBERG - LEE AINSLIE OF MAVERICK CAPITAL

Lee Ainslie of Maverick Capital

ECNY: Signature Luncheon

Join us for a discussion on where the markets may go in 2023 as well as insights on investing in technology. Featuring Lee Ainslie, Founder & Managing Partner of Maverick Capital.

Dr. Ella Washington, Georgetown University

ECNY: Video Webinar

DEI & Author Series

Webinar with Dr. Ella Washington, Organizational Psychologist and Professor at Georgetown University. She will examine inclusive leadership and the evolution of workplace culture.