About the Expert
Roger W. Ferguson Jr. is the Steven A. Tananbaum Distinguished Fellow for International Economics at the Council on Foreign Relations. Mr. Ferguson is the immediate past president and CEO of TIAA. Prior to joining TIAA, Mr. Ferguson was head of financial services for Swiss Re and chairman of Swiss Re America Holding Corporation. Mr. Ferguson is the former vice chairman of the board of governors of the U.S. Federal Reserve System. He began his career as an attorney at the New York City office of Davis Polk & Wardwell and was an associate and partner at McKinsey & Company. Mr. Ferguson is a member of the Smithsonian Institution’s board of regents. He is a fellow of the American Academy of Arts & Sciences. He serves on the boards of Alphabet, Inc.; Corning, Inc.; General Mills, Inc.; and International Flavors & Fragrances, Inc. Mr. Ferguson is also active as an advisor and board member with various private fintech companies. He serves on the boards of the Conference Board, the Institute for Advanced Study, and Memorial Sloan Kettering Cancer Center. Mr. Ferguson holds a BA, JD, and a PhD in economics, all from Harvard University.
Higher inflation has sparked a fierce debate among economists and generated enormous interest in the Fed’s response, which has far-reaching implications for the U.S. and global economies.
Some experts are sounding the alarm over rising inflation in the United States, despite assurances from the Federal Reserve. Here’s what to know.