Jefferies Appoints Aneta Markowska as Chief Economist

Aneta Markowska has joined Jefferies in New York as a Managing Director and Chief Financial Economist this month, the firm announced today.

Markowska will be responsible for analyzing and predicting trends within the government debt and broader Fixed Income markets globally, including interpreting actions of the U.S. Federal Reserve.

In her role, she will work closely with the firm’s other economists and market strategists globally, including Thomas Simons, U.S. Money Market Economist.

Markowska joins Jefferies as Dr. Ward McCarthy, the firm’s longtime and well-respected economist and Fed watcher, retires from Jefferies on April 20, 2020, after devoting eleven years at the firm.

Markowska joins Jefferies from Cornerstone Macro, where she was Deputy Chief Economist. Previously, she was Chief U.S. Economist at Société Générale where she spent 11 years. Her career began in interest rate derivatives at BNY/Mellon.

“We are excited to welcome Aneta Markowska to Jefferies. Her considerable experience and market expertise will complement our leading Fixed Income research, strategy and Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term capabilities. Her hiring is a further example of Jefferies’ emphasis on continually enhancing our Fixed Income platform to better serve our global clients in all market conditions,” Fred Orlan, Global Head of Fixed Income at Jefferies, commented.

Dr. Ward McCarthy

Dr. McCarthy provided critical guidance in interpreting economic conditions during a period of substantial expansion in the firm’s Fixed Income business, specifically, and strong growth overall for Jefferies and its clients.

“We thank Ward McCarthy for his commitment to Jefferies and our clients over the past 11 years. We have greatly benefited from his expertise, keen market perspectives and accurate economic forecasts. Ward is one of the most well-respected and decent individuals in Fixed Income across Wall Street. He is highly regarded by our clients globally, with an extraordinary work ethic, and exemplifies what it means to be a true partner and professional. It was an honor to be Ward’s partners and we look forward to our continued friendship,” Rich Handler, CEO of Jefferies, and Brian Friedman, President of Jefferies, said.