Glenn Rudebusch

Glenn D. Rudebusch

Glenn Rudebusch is a nonresident senior fellow at the Brookings Institution with the Hutchins Center on Fiscal & Monetary Policy and a senior fellow at New York University in the Volatility and Risk Institute of the Stern School of Business. Rudebusch joined Brookings in 2022 after several decades at the Federal Reserve Board and the Federal Reserve Bank of San Francisco, where he was most recently an Executive Vice President and Senior Policy Advisor. At various times at the Fed, he has managed the research department, provided analysis and advice on monetary policy, financial developments, and macroeconomic forecasts, and regularly attended Federal Open Market Committee (FOMC) monetary policy meetings, among many other tasks.

Rudebusch has published over a hundred academic and policy papers on a variety of issues in macroeconomic dynamics and forecasting, monetary policy strategy and communication, and financial models of interest rates in books and journals including the American Economic ReviewJournal of Political EconomyJournal of Monetary Economics, and Review of Finance.

In recent years, Rudebusch played a key role in introducing climate change considerations into the Federal Reserve’s analysis, research, and policy. He has authored several research and policy articles on the economics of climate change and the associated financial risk.  His particular focus has been on merging macro-finance considerations—including the lower new normal in interest rates—into assessments of the economic costs of climate change.

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