Michael H. Moskow

Vice Chair and Distinguished Fellow, Global Economy

Areas of expertise: Global Economy


Michael H. Moskow is the vice chair and distinguished fellow, global economy at the Chicago Council on Global Affairs. From 1994-2007, he served as president and chief executive officer of the Federal Reserve Bank of Chicago. In that capacity, he was a member of the Federal Open Market Committee, the Federal Reserve System's most important monetary policymaking body.

Mr. Moskow's career includes service in the public and private sectors, as well as academia. During the course of his career, Mr. Moskow has been confirmed by the Senate for five US government positions.

He began his career teaching economics, labor relations, and management at Temple University, Lafayette College, and Drexel University. From 1969 to 1977, he held a number of senior positions with the US government, including under secretary of labor at the US Department of Labor, director of the Council on Wage and Price Stability, assistant secretary for policy development and research at the US Department of Housing and Urban Development, and senior staff economist with the Council of Economic Advisers.

In 1977, Mr. Moskow joined the private sector at Esmark, Inc. in Chicago and later held senior management positions at Northwest Industries, Dart and Kraft, Inc., and Premark International, Inc., a spin-off from Dart and Kraft. In 1991, President George H.W. Bush appointed Mr. Moskow deputy United States trade representative, with the rank of ambassador. He was responsible for trade negotiations with Japan, China, and Southeast Asian countries as well as industries such as steel, semiconductors, and aircraft. Mr. Moskow returned to academia in 1993, joining the faculty of the Kellogg Graduate School of Management at Northwestern University, where he was professor of strategy and international management at the time of his appointment as president of the Chicago Reserve Bank.

Mr. Moskow is active in in numerous professional and civic organizations. He is former chairman of the Japan America Society of Chicago, former chairman of the Economic Club of Chicago, and serves as a director of World Business Chicago. He is a board member and former chairman of the National Bureau of Economic Research, a member of the Commercial Club of Chicago, and a fellow of the National Academy of Public Administration. Mr. Moskow is also an emeritus trustee of Lafayette College.

Since leaving his position at the Federal Reserve, Mr. Moskow joined the boards of directors of Discover Financial Services, Commonwealth Edison (a subsidiary of Exelon), the National Futures Association, Northern Funds (2008-2013), Taylor Capital Group (2008-2014), and Diamond Management & Technology Consultants (2008-2010). He is a member of the advisory boards to the Chicago Mercantile Exchange, Edgewater Funds, and Promontory Financial Group.
Mr. Moskow was born in Paterson, New Jersey. He received an AB in economics from Lafayette College and a PhD in business and applied economics from the University of Pennsylvania. He has received honorary doctorate degrees from DePaul University, Dominican University, Lafayette College, and Lewis University. In 2019 the Prime Minister of Japan bestowed on Mr. Moskow "The Order of the Rising Sun; Gold and Silver Star."  He is married to Suzanne Kopp-Moskow and has three children and seven grandchildren.


In the News

Michael H. Moskow on 'American Hero' Paul Volcker

Global Insight, December 12, 2019

Remarks by Michael H. Moskow at the Global Leadership Awards Dinner

Global Insight, May 24, 2017

US Economy and Federal Reserve Actions

WBBM Noon Business Hour, September 3, 2015

September Jobs Report

WBBM Noon Business Hour, October 3, 2014

Economic Outlook and Policy Responses in the United States

Japan Credit Bureau’s World Conference, October 17, 2013

Federal Reserve's Recent Decision

WBBM Noon Business Hour, September 23, 2013

Federal Reserves Actions and US Economy

WBBM Noon Business Hour, May 17, 2013

A Global Chicago

Chicago Tribune, August 11, 2012

Past Event Multimedia

  • The Future of Monetary Policy: Embracing the Unconventional?

    Donald Kohn, Robert V. Roosa Chair in International Economics and Senior Fellow, Economic Studies, The Brookings Institution; Randall Kroszner, Norman R. Bobins Professor of Economics, University of Chicago Booth School of Business; Michael H. Moskow, Vice Chair and Distinguished Fellow, Global Economy

  • Foreign Direct Investment: Globalizing Chicago’s Economic Development Plans

    Michael H. Moskow, Vice Chair and Distinguished Fellow, Global Economy; William A. Osborn, Retired Chairman and Chief Executive Officer, Northern Trust Corporation; Michael J. Sacks, Chief Executive Officer, Grosvenor Capital Management, L.P. and Vice Chairman of the Board of Directors, World Business Chicago ; John E. Greuling, President and Chief Executive Officer, Will County Center for Economic Development