Ralph Schlosstein

Former Co-Chairman, Evercore

Search every verified Ralph Schlosstein interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Ralph Schlosstein, chairman emeritus of Evercore and co-founder of BlackRock, has been a frequent commentator on financial markets, the economy, and fiscal policy. In late 2025, he stated that the U.S. economy is in "solid shape" and that the Federal Reserve is correct to remain cautious, though he predicted the next directional change in interest rates would be downward. He described the market as "very well bid" and noted a "huge backlog" of companies in private equity portfolios waiting to be sold, adding that the dollar volume of M&A activity was up about 30% globally. Schlosstein also said he expected the stock market to be higher by the end of the year, citing supportive monetary and stimulative fiscal policy. Schlosstein has also commented on political and policy matters. He praised Federal Reserve Chair Jerome Powell, saying he has done "an excellent job" and that the Fed's actions on inflation were a "pretty strong tribute to their policy." He described the U.S. fiscal situation as "unsustainable" over the intermediate term. On the 2024 election, he said Vice President Kamala Harris is "incredibly skilled" and would be "business friendly," and he contrasted the Biden-Harris administration's legislative accomplishments—such as the CHIPS Act and drug price negotiations—with what he characterized as the Trump administration's higher rhetoric and lower tangible achievements.