Career
Stephen S. Roach holds a Ph.D. in economics from New York University and a Bachelor's degree in economics from the University of Wisconsin–Madison.
After earning his Ph.D., Roach was a research fellow at the Brookings Institution in Washington, D.C. From 1972 until 1979, Roach served on the research staff of the Federal Reserve Board in Washington, D.C., where he supervised the preparation of the official Federal Reserve projections of the U.S. economy. From 1979 until joining Morgan Stanley, Roach was Vice President for Economic Analysis for the Morgan Guaranty Trust Company in New York.
Roach has been with Morgan Stanley since 1982, and has been the investment bank's chief economist since 1991 and has served as head of the firm's global team of economists in New York, London, Tokyo, Hong Kong, Singapore, and Paris.
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