Richard B. Hoey is chief economist and senior vice president of The Bank of New York Mellon, as well as chief economist of The Dreyfus Corporation. Mr. Hoey is responsible for monitoring all aspects of the economic environment for The Bank of New York Mellon and Dreyfus including the U.S. economy, the global economy and currencies. He works closely with the heads of various specialized equity and fixed income teams.  Mr. Hoey also serves as a principal spokesman for Bank of The New York Mellon and Dreyfus on economic and investment issues.

Mr. Hoey joined the firm in 1991.  Previously, he spent nearly two decades as a chief economist, portfolio strategist and a member of both the investment policy and stock selection committees of a number of leading investment firms, including Prudential-Bache, A.G. Becker and Drexel Burnham Lambert.  At the beginning of his career on Wall Street, he was co-owner and portfolio manager at an investment counsel firm which managed balanced accounts investing in blue chip stocks, special situations, convertible securities and growth stocks and acted as advisor on private placement financing.

Mr. Hoey earned a bachelor's degree from Yale College and master’s of business administration in investments from New York University Graduate School of Business Administration.