Newsletter – Week of December 12, 2016
Club members, please see information on this week’s recent news and exciting events as well as internship/full-time position deadlines.
-Your SAIS International Finance Club Leadership
Recent Finance News
The Fed meeting will unfold on Wednesday December 14th. Since the election, the dollar gained strength, the Treasury yield increased, and the labor market gained strength. Given these results, a hike in the federal funds rate can be expected on Wednesday. The FOMC forecasted two rate increases during 2017, but this was before the prospect of a fiscal stimulus by the President-elect Donald Trump.
For more information click here.
Winter Finance Trek to New York: Jan 26th – 27th, 2017
The winter New York Finance Trek organized by Career Services will be held on January 26th and 27th. Though this year’s schedule has not been finalized, firms participating will include Blackrock, Offit Capital and KKR. The trek will also include a networking happy hour with SAIS alumni working in NYC. Students will be selected on a competitive basis. Please apply via SAISWorks.
December 15th, 3:00PM to 5:00PM: “Can unorthodox monetary policy make America great again?”.
The US and many developed nations are suffering from a protracted period of anemic economic growth. Central banks, including the US Federal Reserve, have responded with unorthodox monetary policy actions, which have ballooned central bank balance sheets and driven interest rates to zero and below for an extended period. Are these extreme monetary policies working? Do near-zero and negative interests stimulate economic growth, or have they produced a “bubble economy”? Does the Federal Reserve need a fresh approach to stimulate the US economy and restore prosperity? Should other developed countries’ central banks reexamine their experiences with negative interest rates?
This event will bring together experts from AEI, academia, and the business community to discuss how changes in monetary policy can affect economic growth and to explore the ramifications of this slowdown for the new administration’s economic policies. For more information and RSVP link, click here.
December 14th, 11:00AM to 12:00 PM: “WEBINAR: Deploying Your Bank’s Data Assets – Insights From 100+ Community Bank Business Intelligence Implementations”. S&P Global Market Intelligence SNL Banker community banking experts will share how you can improve performance, drive culture, and level the competitive playing field with your data. Join us for insights, tips for success, and pitfalls to avoid, learned from 100+ community bank business intelligence implementations. This interactive webinar includes live polling and a live Q&A session. For more information, click here.
Recent Finance News: Yanki Kalfa
On Campus Events: Nikki Tan
Jobs and Internships: Quinn Campbell
Off-Campus Events: Marco Kim
Newsletter Editor: Yanki Kalfa