Michael Timothy Gapen — Chief US Economist at Barclays Investment Bank

Mr. Michael Timothy Gapen has been the Chief US Economist at Barclays PLC since November 2014. Mr. Gapen serves as the Managing Director and Head of US Economics Research at Barclays PLC, Research Division. He is responsible for the firm's outlook for the United States economy and, in particular, United States monetary policy and the impact of financial markets on the economy. Previously, Mr. Gapen served as the Director of U.S. Economic Research and Global Asset Allocation at the firm. Earlier, he was an Asset Allocation Strategist at the firm since January 2012 where Mr. Gapen took on additional responsibility for forming the firm's asset allocation views and marketing them to clients. He joined the firm as a Senior U.S. Economist in 2010. Mr. Gapen was Section Chief responsible for monetary and financial market analysis at the Board of Governors of the Federal Reserve. In that capacity, he assisted the Board and the FOMC in the formulation of monetary policy and the Federal Reserve's response to the financial crisis. Prior to this, Mr. Gapen served as a Section Chief at Fed. He has also taught Finance and Economics at institutions including the Kelly School of Business at Indiana University, Mendoza College of Business at Notre Dame, and Johns Hopkins University. Mr. Gapen holds a Ph D in Economics from the Department of Economics at Indiana University. He graduated from Augustana College.