The Reserve Bank of Australia (RBA) and U.S. Bank have both made significant appointments in their respective Chief Economist positions. The RBA has announced the appointment of Sarah Hunter as its new Chief Economist [141a96ae]. Hunter, who previously served as the Head of Macroeconomics at BIS Oxford Economics, will assume her new role in September. As Chief Economist, Hunter will be responsible for providing economic analysis and advice to the RBA's policy-making committees. Her appointment comes at a critical time as the RBA navigates the economic impact of the COVID-19 pandemic and works towards supporting Australia's recovery. With her extensive experience in macroeconomic analysis and forecasting, Hunter's insights will play a crucial role in shaping the RBA's monetary policy decisions. This appointment underscores the RBA's commitment to maintaining a robust and independent economic research function [141a96ae].
Meanwhile, U.S. Bank has appointed Beth Ann Bovino as its Chief Economist [729fcbd2]. Bovino brings her extensive experience in macroeconomic and financial analysis to forecast the U.S. economy for months and years ahead. She joined U.S. Bank in May and focuses on economic conditions that impact a bank's bottom line. Bovino's predictions have been accurate in the past, and she emphasizes the importance of humility in economic forecasting. She became interested in economics while volunteering at a local food bank and continues to volunteer today. Bovino is currently focused on the impact of inflation and the Federal Reserve's attempts to contain it. Outside of her role as an economist, she is an avid skier and amateur oil painter [729fcbd2].
Both appointments highlight the importance of experienced and knowledgeable economists in guiding monetary policy and providing valuable insights into the economic landscape. The RBA and U.S. Bank will benefit from the expertise of Sarah Hunter and Beth Ann Bovino as they navigate the challenges and opportunities ahead [141a96ae] [729fcbd2].