Jim Glassman is the Managing Director and Head Economist for Commercial Banking. From regulations and technology to globalization and consumer habits, Jim's insights are used by companies and industries to help them better understand the changing economy and its impact on their businesses.
Jim's work with the firm—combined with his independent research on the principal forces shaping the economy and financial markets—has earned him regular features in the media and as an economic commentator. He is also a long-standing participant in the Federal Reserve Bank of Philadelphia's Survey of Professional Forecasters and the National Association of Business Economists' (NABE) panel of macroeconomic forecasters.
From 1979 through 1988, Jim served as a Senior Economist in the Research & Statistics and Monetary Affairs departments at the Federal Reserve Board in Washington, DC. While there, he analyzed and forecasted inflation, labor market developments, the Federal Reserve's operating strategies and interest rate markets, and he developed monetary and reserves projections. He joined Morgan Guaranty in 1988 and Chemical Bank in 1993, which, through a combination of mergers, became JPMorgan Chase & Co.
Jim earned a bachelor's degree from the University of Illinois at Urbana-Champaign and a master's degree in Economics from the University of Illinois at Chicago. He was awarded a Ph.D. in Economics from Northwestern University.
After nearly a decade of above-trend job creation, November brought a hiring slowdown—suggesting the economy is settling into a sustainable rhythm.Read article about The Labor Market’s New Normal
Interest rates are expected to climb into the lower edge of neutral territory next week. What will it mean for the Fed to let data take the wheel on its policy decisions in 2019?Read article about Taking Rate Hikes Off Autopilot
The ballooning US federal budget deficit could threaten the country’s long-term economic potential—but immigration reform is one way to boost future growth.Read article about Containing the Deficit by Growing the Workforce