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Economy & Markets Expert Biography

 
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Carl R. Tannenbaum

Carl R. Tannenbaum

Chief Economist
 
Carl Tannenbaum is the Chief Economist for Northern Trust. Prior to joining Northern Trust, Carl led a team at the Federal Reserve Bank of Chicago whose charter was to analyze financial risk, its implication for the broad economy and policy choices to address it. He served as the head of the entire Federal Reserve System's risk group in Washington for a year, working closely with Federal Reserve System Governors and senior officials.

Preceding his work at the Federal Reserve, Carl served as chief economist and head of balance sheet management at LaSalle Bank/ABN AMRO, where he worked for 24 years.

He received a bachelor's degree in finance and economics and a Masters of Business Administration degree from the University of Chicago. He is a past chairman of the Conference of Business Economists and also a past president of the National Association for Business Economics and the North American Asset/Liability Management Association.

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Insights & Research

Helping you anticipate and address change.

 

Market Commentary

What to Expect When You’re Expecting … A Rate Hike

How will the eventual rise in interest rates affect financial market assets? Jim McDonald looks to current fundamentals and historical precedent.'">
 

Economic Commentary

September 26, 2014

  • The Federal Reserve begins looking toward the door
  • China’s policymakers should be clearer about their intentions
  • Dissents at central banks are rising
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