Sad to report.
Bloomberg News reports that Danny Gabay, former Bank of England economist and co-founder of Fathom Consulting, has died. He was 47.
Gabay passed away earlier this week from a “particularly aggressive form of brain cancer” first diagnosed 5 1/2 years ago, Fathom said in an e-mailed statement on Thursday. He successfully fought the illness until the tumor returned last summer and appeared again in the last couple of months.
“His passing is a great loss not only to his family, friends and colleagues, but also to the wider economics community,” said Erik Britton, co-director at Fathom. “He’s going to be very sorely missed by all of us.”
After working at JPMorgan Chase & Co. and the BOE, Gabay set up London-based Fathom in 2003 along with fellow ex-U.K. central bank employees Shamik Dhar and Andrew Clare. At Fathom, Gabay helped recruit former Monetary Policy Committee members such as DeAnne Julius, Charles Goodhart and Sushil Wadhwani for regular seminars to challenge current thinking.
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