Kristin Forbes Joins Business Cycle Dating Committee

Kristin Forbes, a Research Associate in the International Finance and Macroeconomics and Monetary Economics programs and the Jerome and Dorothy Lemelson Professor of Management and Global Economics at MIT’s Sloan School of Management, has joined the Business Cycle Dating Committee (BCDC). Forbes is an expert on monetary policy, exchange rates, capital flows, and financial regulation who has also served in a number of important public policy roles, including as a member of the Monetary Policy Committee at the Bank of England, a member of the White House Council of Economic Advisers, and as a deputy assistant secretary at the US Department of the Treasury. Members of the BCDC are appointed by the NBER President with approval of the BCDC committee chair and the chair of the NBER Board of Directors.

Robert Hall, who chaired the BCDC from 1978, when it was launched in its current form, until 2024, has resigned from the committee.