Senior Fellow and Director of International Economics
International finance; financial markets; economic policy.
Dr. Benn Steil is senior fellow and director of international economics at the Council on Foreign Relations in New York. He is also the founding editor of International Finance, a top scholarly economics journal, co-writer of the Council's Geo-Graphics economics blog, and co-founder of Efficient Frontiers LLC, a markets consultancy. From 2002 to 2006 he was also a nonexecutive director of the virt-x securities exchange in London (now part of the Swiss Exchange). Prior to his joining the Council in 1999, he was director of the International Economics Programme at the Royal Institute of International Affairs in London. He came to the Institute in 1992 from a Lloyd's of London Tercentenary Research Fellowship at Nuffield College, Oxford, where he received his MPhil and DPhil (PhD) in economics. He also holds a BSc in economics summa cum laude from the Wharton School of the University of Pennsylvania.
Dr. Steil has written and spoken widely on international finance, monetary policy, financial markets, and economic history. He is a columnist for Dow Jones' Financial News and a regular op-ed contributor at the Wall Street Journal, the Financial Times, and Forbes. His latest book, The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order, winner of the 2013 Spear's Book Award in Financial History, was called "a triumph of economic and diplomatic history" by the Financial Times, "a superb history" by the Wall Street Journal, "the gold standard on its subject" by the New York Times, and "the publishing event of the season" by Bloomberg's Tom Keene. His previous book, Money, Markets and Sovereignty, was awarded the 2010 Hayek Book Prize. Financial Statecraft: The Role of Financial Markets in American Foreign Policy was named one of the "Best Business Books of 2006" by Library Journal and an "Outstanding Academic Title of 2006" by Choice.
New York, New York
CFR Senior Fellow and Director of International Economics
As the G20 Summit continues in St. Petersburg, Benn Steil weighs in on Russian-American relations and emerging economies' concerns about shifts in U.S. monetary policy.
Benn Steil discusses recent rumors about who will be the next Fed Chairman on CNBC's The Kudlow Report.
Benn Steil discusses the market's reaction to Ben Bernanke's announcement that the Fed may wind down its bond purchasing program.