TheEconomists
Monetary Affairs
The Division of Monetary Affairs is responsible for research and analysis to support the Board and the Federal Open Market Committee in the conduct of monetary policy, especially in the areas of finance, money and banking, and monetary policy design and implementation. The Division also provides expertise on open market operations, discount window policy, and reserve markets.
By Section All Sections
- Banking Analysis
- FOMC Secretariat
- Monetary and Financial Market Analysis
Banking Analysis
The Banking Analysis section is concerned primarily with the interaction between the commercial banking sector and the U.S. economy, with particular emphasis on the implications of this interaction for monetary policymakers. The section studies and publishes analyses of the profitability of banks and conducts surveys on bank lending practices and business loan pricing. It also estimates and publishes a weekly balance sheet for the commercial banking system. Research in the section focuses on issues related to the causes and effects of changes in bank lending behavior, the macroeconomic effects of changes in bank supervision and regulation, and developments in banking markets and institutions.

Francisco B. Covas
Chief
Banking Analysis
Monetary Affairs

John C. Driscoll
Senior Economist
Banking Analysis
Monetary Affairs

Seung Jung Lee
Economist
Banking Analysis
Monetary Affairs

Marcelo Rezende
Economist
Banking Analysis
Monetary Affairs

Jonathan D. Rose
Economist
Banking Analysis
Monetary Affairs

Cindy M. Vojtech
Economist
Banking Analysis
Monetary Affairs

Emre Yoldas
Economist
Banking Analysis
Monetary Affairs
