The Federal Reserve bank cut to interest rates in October, but officials cautioned about lowering the rates too quickly in recent meetings. Uncertainty with China, the Ukraine-Russia war, and the unrest in the Middle East all impact not only foreign policy but also the domestic economy. The Trump Administration has committed to immediately implement policies impacting tariffs and trade, business and regulations, the national debt, and taxes. What will that impact be and how quickly can we expect to feel it? What are the short and long-term implications to the U.S. economy and consumers? Vice Chairman of Goldman Sachs Robert Kaplan will speak to these questions, discuss the current state of the economy, and offer his 2025 economic forecast on January 29.

ABOUT THE SPEAKER

Robert Kaplan is vice chairman of Goldman Sachs and a member of the management committee. Kaplan initially joined the firm in 1983 and became a partner in 1990. In 2002, he became vice chairman of the firm with global responsibility for the investment banking and investment management divisions. He also served as co-chair of the partnership committee and chair of the Goldman Sachs Pine Street Leadership Program. In 1998, Kaplan became global co-head of Investment Banking and a member of the management committee. His previous roles included serving as head of Asia Pacific investment banking, co-chief operating officer of global investment banking and head of the Americas Corporate Finance department. He retired from the firm in 2006 to join Harvard Business School, becoming a senior director at that time.

Previously, Kaplan served as president and CEO of the Federal Reserve Bank of Dallas from 2015 to 2021. Before joining the Fed, he was the Martin Marshall Professor of Management Practice and senior associate dean at Harvard Business School.

Kaplan is chairman of Project ALS and co-chairman of the Draper Richards Kaplan Foundation. He is a board member of Harvard Medical School and St. Mark’s School of Texas and is also a member of the George W. Bush Institute’s advisory council. He is also an advisory board member of the Baker Institute. He serves on the Bipartisan Policy Center President’s Council and on the board of directors at The Holdsworth Center.

Robert Kaplan is the author of three books on leadership: What You Really Need to Lead, What You’re Really Meant To Do, and What to Ask the Person in the Mirror.
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