Josh Younger

Josh Younger is currently a Senior Policy Advisor at the Federal Reserve Bank of New York. He leads analytical work related to financial markets and advises senior leadership of the New York Fed and Federal Reserve System on market structure issues as well as financial conditions and stability. Before joining the New York Fed, Josh held various roles over more than a decade at JPMorgan Chase & Co. Most recently, he was a Managing Director and Global Head of Asset and Liability Management Strategy in which he was responsible for leading strategic and analytical work related to firm-wide structural interest rate risk management and balance sheet optimization. Prior to that, he was a Senior Market Strategist covering interest rates, money markets and plumbing, market structure, financial regulation and stability, and digital assets. In that role, Josh was consistently voted the top strategist in his area of focus in the Institutional Investor survey of market participants. His work has also been published by the Brookings Institution, the Harvard Law Review, the Columbia Business Law Review, Center for Foreign Relations, Yale Program on Financial Stability, and Center for Strategic and International Studies. At Columbia, Josh’s research will focus on the history of shadow banking and its role in the origins, entrenchment, and evolution of the special place of the U.S. dollar in the global financial system. Josh began his career as an astrophysicist and Hubble Space Telescope Fellow at the Institute for Advanced Study in Princeton. His research focused on galaxy formation and evolution, particularly the role of colliding galaxies and supermassive black holes, using a combination of computational simulations and submillimeter and infrared observations. He is the author of more than thirty peer reviewed publications in the field. Josh earned an A.B. from Princeton and a Ph.D. from Harvard, both in astrophysics.