Joint Councils Meeting: Economic Update with Dr. Basu

Date: Wednesday, May 1, 2024
Time: 5:30pm - 8:00pm
Location: Kenwood Country Club, 5601 River Rd., Bethesda, MD 20816
Speaker: Anirban Basu, Sage Policy Group

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About the Program:

Has the Federal Reserve successfully engineered a soft landing? Or, is the confluence of geopolitical conflict, a presidential election, rising consumer debt levels, and still high interest rates conspiring to produce economic downturn in 2024?  It is difficult to know whether 2024 will be a good year – but one thing is clear – it will be a very interesting one.  This presentation will supply in-depth analysis of major factors shaping economic outcomes, including interest rates, global conflict, wage dynamics, business confidence, and demographics.  It will then turn toward a forecast for the coming year, highlighting the major risks that economic stakeholders will likely encounter.

Anirban Basu is Chairman & CEO of Sage Policy Group, Inc., an economic and policy consulting firm headquartered in Baltimore, Maryland, with an office in Orlando, Florida. The firm provides strategic analytical services to energy suppliers, law firms, medical systems, government agencies, and real estate developers among others. In 2014, Maryland Governor Larry Hogan appointed him Chair of the Maryland Economic Development Commission (2014-2021). He serves as Chairman of the Baltimore County Economic Advisory Committee. He also serves the chief economist function for Associated Builders and Contractors, the Construction Financial Management Association, the Modular Building Institute, the Maryland Bankers Association, and several others. He has taught at several universities, most frequently at the Johns Hopkins University. He currently teaches History of Economic Thought at Goucher College as their Distinguished Economist in Residence.  

Dr. Basu is currently on the boards of the University of Maryland School of Law, St. Mary’s College, the University of Maryland Medical Center, the University System of Maryland Foundation, the Lyric Opera House and the Archdiocese of Baltimore School System. He also is on Truist Bank’s advisory board.

Dr. Basu earned his B.S. in Foreign Service at Georgetown University. He earned his Master’s in Public Policy from Harvard University’s John F. Kennedy School of Government, and his Master’s in Economics from the University of Maryland, College Park. He acquired his Juris Doctor at the University of Maryland School of Law. He completed his doctoral work at UMBC with a concentration in health economics.



  • Registration begins at 5:30 pm and the program begins at 5:45 pm.
  • Reception and heavy hors d'oeuvres to follow the program.
  • NVEPC Member registration fee: $45
  • Guests welcome when accompanying a member host. A guest fee of $85 applies.
  • Free parking. 

Registration for this event will close at noon (12PM) ET on Monday, April 29, 2024. 

Registration fees are non-refundable.

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