Influential Fed economist Thomas Laubach dies

Thomas Laubach
US Federal Reserve
Photo: US Federal Reserve

Thomas Laubach, one of US Federal Reserve chair Jerome Powell’s top advisers, passed away on September 2, following a short battle with cancer.

In a statement, Powell said Laubach was a “world-class economist” who was “universally respected for his significant contributions to the theory and practice of monetary policy.”

“His expertise, intellect and good judgement were peerless. His many friends and colleagues will miss not only his nimble, creative mind, but also his unfailing kindness

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