Monetary Policy Under Covid-19: Actions, Results and Consequences | Presented by Piper Sandler
10:00 am - 11:30 am CST
Complimentary (members) / $120 per person (nonmembers)
Description: In this session we will discuss the Fed’s unconventional response to the COVID-19 pandemic and how much firepower it has left. Hear about how effective the tools have been in bringing the financial markets back to normal and how the Fed may further respond to an economy still suffering from COVID-19 in an era of low rates and low inflation. While the asset side of the Fed’s balance sheet attracts most of the attention he will discuss the composition of the liability side and how it will be impacted by the Treasury's fiscal position going forward.
* What are the Feds new tools for conducting monetary policy? How do they work and will they be effective in the future?
* At what point does the Fed’s balance sheet size lead to inflation and could the Fed become insolvent.
* How does the Fed’s balance sheet expansion impact interest rates, equities and bank earnings
Who Should Attend: CEOs, CFOs, Lending Officers, Portfolio Managers, Risk Managers, Financial Analysts
Presenter: Dimitri Delis, Piper Sandler. Dimitri Delis is a Managing Director in Piper Sandler Financial Strategies (PSFS) in the Fixed Income Department. He is responsible for evaluating economic trends, analyzing current economic issues, developing econometric models and making economic presentations to clients.
Prior to joining the group in 2005, Delis served as the cross-sector strategist for JP Morgan. Prior to the JP Morgan-Bank One merger, he was the derivatives strategist for Bank One. Dimitri’s experience includes market risk management for ABN AMRO where he was responsible for identifying and monitoring all market risk-taking activities for the derivatives and FX trading desks and bond modeling for Solomon Brothers’ proprietary portfolio tools.
Dimitri Delis holds a Ph.D. in nuclear physics from the University of California at Berkeley and a bachelor’s degree in chemistry and mathematics from the University of Chicago. He completed his Master of Business Administration degree at Northwestern University’s Kellogg School of Management in 2006. He is a registered representative with the Financial Industry Regulatory Authority (FINRA).