Michelle Girard

US Chief Economist

Joined NatWest Markets


In current position



Michelle Girard is the Chief US Economist and a Managing Director for NatWest Markets (NWM). Overseeing the US Economics team, Michelle evaluates and identifies trends across all sectors of the US economy, utilizing econometric models to predict key economic indicators. She is responsible for developing forecasts for growth, inflation and interest rates, and monitoring Federal Reserve and Treasury actions. While coordinating and collaborating with economists and strategists in London and Singapore, Michelle provides synergistic analysis for NWM's global customer base and keeps the firm's sales and trading desks up-to-date on market moving developments.


MA & BS (magna cum laude) from Miami University, Ohio

Additional background

Michelle is a regular speaker and commentator on the US economic outlook on various print, radio, and television news media including CNBC, Fox Business Network, Bloomberg TV & Radio, and Yahoo! Finance. Prior to joining NWM, Michelle held roles as Co-Head of the Fixed Income Strategy & Research Group at Prudential Securities, Chief Economist at Sanwa Securities (USA) and Economist with Bear Stearns. Michelle began her professional career as a Research Assistant for the Board of Governors of the Federal Reserve System in Washington, DC.

As a member of the US Management Committee, Michelle works with other senior leaders to set and implement business strategy in the region. She is also an Executive Sponsor for the NWM Women’s Network and has taken an active role in helping to create and strengthen the talent development offerings for women across the organization. 

Board and Professional Associations 

NatWest Markets Securities Inc. Board of Directors 

Investment Advisory Council, Archdiocese of New York

Miami University Economics Board

The Economic Club of New York