Meet the Economists
The Federal Reserve Board employs over 300 Ph.D. economists, who represent an exceptionally diverse range of interests and specific areas of expertise. Board economists conduct cutting edge research, produce numerous working papers, and are among the leading contributors at professional meetings and in major journals. Our economists also produce a wide variety of economic analyses and forecasts for the Board of Governors and the Federal Open Market Committee.
Last Name:
Field of Interest:
Division:
Finance
Field:
Banking and Financial Institutions
A

Robert M. Adams
Principal Economist
Consumer Finance
Research and Statistics
Research and Statistics

Elena Afanasyeva
Senior Economist
Financial and Macroeconomic Stability Studies
Financial Stability
Financial Stability

John Ammer
Senior Economic Project Manager
Program Direction
International Finance
International Finance

Sriya L. Anbil
Group Manager
Money Market Analysis
Monetary Affairs
Monetary Affairs

Alyssa G. Anderson
Chief
Money Market Analysis
Monetary Affairs
Monetary Affairs

Christopher S. Anderson
Economist
Trading and Capital Markets
Supervision and Regulation
Supervision and Regulation

David M. Arseneau
Assistant Director
Program Direction
Financial Stability
Financial Stability
B

Anton I. Badev
Senior Economist
Payment System Studies
Reserve Bank Operations and Payment Systems
Reserve Bank Operations and Payment Systems

Daniel J. Barth
Senior Economist
Financial Stability Assessment
Financial Stability
Financial Stability

William F. Bassett
Senior Associate Director
Program Direction
Financial Stability
Financial Stability

Jose M. Berrospide
Chief
Financial Institution Risk Evaluation
Financial Stability
Financial Stability

Neil Bhutta
Chief
Real Estate Finance
Research and Statistics
Research and Statistics

Vitaly M. Bord
Economist
Consumer Finance
Research and Statistics
Research and Statistics
C

Cecilia R. Caglio
Group Manager
Financial Structure
Research and Statistics
Research and Statistics

Francesca Carapella
Principal Economist
Payment System Studies
Reserve Bank Operations and Payment Systems
Reserve Bank Operations and Payment Systems

Mark A. Carlson
Adviser
Program Direction
Monetary Affairs
Monetary Affairs

Jin-Wook B. Chang
Economist
Financial Stability Assessment
Financial Stability
Financial Stability

Andrew M. Cohen
Assistant Director
Program Direction
Financial Stability
Financial Stability

Ricardo Correa
Senior Adviser
Program Direction
International Finance
International Finance

Sergio A. Correia
Economist
Financial Institution Risk Evaluation
Financial Stability
Financial Stability

Daniel M. Covitz
Deputy Director
Program Direction
Research and Statistics
Research and Statistics
D

Erfan Danesh
Economist
Risk Analysis
Research and Statistics
Research and Statistics

Matt Darst
Principal Economist
Macroprudential Policy Analysis
Financial Stability
Financial Stability

Michele H. Dathan
Economist
Global Capital Markets
International Finance
International Finance

Sally M. Davies
Deputy Director
Program Direction
International Finance
International Finance

Margaret DeBoer
Deputy Associate Director
Program Direction
Monetary Affairs
Monetary Affairs

Ahmet Degerli
Economist
Financial Intermediaries Analysis
Monetary Affairs
Monetary Affairs

Laurie Pounder DeMarco
Principal Economist
Global Financial Flows
International Finance
International Finance

Jennifer L. Dlugosz
Principal Economist
Financial Structure
Research and Statistics
Research and Statistics

John C. Driscoll
Principal Economist
Consumer Finance
Research and Statistics
Research and Statistics

Fang Du
Adviser
Program Direction
Supervision and Regulation
Supervision and Regulation

Burcu Duygan-Bump
Associate Director
Program Direction
Research and Statistics
Research and Statistics
E

Rochelle M. Edge
Deputy Director
Program Direction
Monetary Affairs
Monetary Affairs

Gregory Elliehausen
Principal Economist
Consumer Finance
Research and Statistics
Research and Statistics
F

Antonio Falato
Senior Economist
Macroprudential Policy Analysis
Financial Stability
Financial Stability

Giovanni Favara
Assistant Director
Macro-Financial Analysis
Monetary Affairs
Monetary Affairs

Francesco Ferrante
Principal Economist
Trade and Financial Studies
International Finance
International Finance
G

Geoffrey R. Gerdes
Principal Economist
Payment System Studies
Reserve Bank Operations and Payment Systems
Reserve Bank Operations and Payment Systems

Stefan Gissler
Principal Economist
Systemic Financial Institutions and Markets
Research and Statistics
Research and Statistics

David P. Glancy
Senior Economist
Banking and Financial Analysis
Monetary Affairs
Monetary Affairs

Marco Migueis
Principal Economist
Banking, Credit and Operational Risk
Supervision and Regulation
Supervision and Regulation

Juan Carlos Gozzi
Economic Project Manager
International Financial Stability
International Finance
International Finance

Arun Gupta
Economist
Financial Institution Risk Evaluation
Financial Stability
Financial Stability
H

Hajime H. Hadeishi
Principal Economist
Fair Lending Enforcement
Consumer and Community Affairs
Consumer and Community Affairs

Diana Hancock
Senior Associate Director
Program Direction
Research and Statistics
Research and Statistics

Erik A. Heitfield
Deputy Associate Director
Program Direction
Research and Statistics
Research and Statistics

Akos Horvath
Senior Economist
Policy Effectiveness and Assessment
Supervision and Regulation
Supervision and Regulation

Xin Huang
Principal Economist
Risk Analysis
Research and Statistics
Research and Statistics
I

Hulusi Inanoglu
Principal Economist
Trading and Capital Markets
Supervision and Regulation
Supervision and Regulation

Sebastian Infante
Principal Economist
Financial Intermediaries Analysis
Monetary Affairs
Monetary Affairs

Felicia F. Ionescu
Chief
Banking and Financial Analysis
Monetary Affairs
Monetary Affairs

Ivan T. Ivanov
Principal Economist
Systemic Financial Institutions and Markets
Research and Statistics
Research and Statistics
J

Anil K. Jain
Principal Economist
Global Financial Institutions
International Finance
International Finance

André F. Silva
Senior Economist
Banking and Financial Analysis
Monetary Affairs
Monetary Affairs

Kathleen W. Johnson
Deputy Associate Director
Stress Testing
Supervision and Regulation
Supervision and Regulation
K

Dalida Kadyrzhanova
Principal Economist
Capital Markets
Research and Statistics
Research and Statistics

John Kandrac
Principal Economist
Financial Structure
Research and Statistics
Research and Statistics

Gazi I. Kara
Principal Economist
Financial Stability Assessment
Financial Stability
Financial Stability

Benjamin S. Kay
Senior Economist
Policy Effectiveness and Assessment
Supervision and Regulation
Supervision and Regulation

Kyungmin Kim
Senior Economist
Money Market Analysis
Monetary Affairs
Monetary Affairs

You Suk Kim
Principal Economist
Real Estate Finance
Research and Statistics
Research and Statistics

Elizabeth K. Kiser
Associate Director
Program Direction
Research and Statistics
Research and Statistics

Elizabeth C. Klee
Senior Associate Director
Program Direction
Financial Stability
Financial Stability

Anya V. Kleymenova
Senior Economist
Stress Testing
Supervision and Regulation
Supervision and Regulation

Benjamin Knox
Economist
Global Monetary and Sovereign Markets
International Finance
International Finance

Antonis Kotidis
Economist
Macroprudential Policy Analysis
Financial Stability
Financial Stability

John R. Krainer
Principal Economist
Stress Testing
Supervision and Regulation
Supervision and Regulation

Robert J. Kurtzman
Principal Economist
Flow of Funds
Research and Statistics
Research and Statistics

Seung Kwak
Economist
Financial Intermediaries Analysis
Monetary Affairs
Monetary Affairs
L

Seung Jung Lee
Assistant Director
Program Direction
International Finance
International Finance

Andreas Lehnert
Director
Program Direction
Financial Stability
Financial Stability

Dan Li
Assistant Director
Program Direction
Monetary Affairs
Monetary Affairs

Yi Li
Principal Economist
Short-Term Funding Markets
Research and Statistics
Research and Statistics

Edith X. Liu
Principal Economist
Capital Markets
Research and Statistics
Research and Statistics

May X. Liu
Senior Statistician
Payment System Studies
Reserve Bank Operations and Payment Systems
Reserve Bank Operations and Payment Systems
M

Marco Macchiavelli
Principal Economist
Short-Term Funding Markets
Research and Statistics
Research and Statistics

Traci L. Mach
Principal Economist
Flow of Funds
Research and Statistics
Research and Statistics

Patrick E. McCabe
Deputy Associate Director
Program Direction
Research and Statistics
Research and Statistics

David C. Mills
Associate Director
Program Direction
Reserve Bank Operations and Payment Systems
Reserve Bank Operations and Payment Systems

Camelia Minoiu
Principal Economist
Macro-Financial Analysis
Monetary Affairs
Monetary Affairs

Juan M. Morelli
Economist
Banking and Financial Analysis
Monetary Affairs
Monetary Affairs
N

Joseph B. Nichols
Principal Economist
Household and Business Spending
Research and Statistics
Research and Statistics

Friederike Niepmann
Chief
Global Financial Institutions
International Finance
International Finance
P

Teodora Paligorova
Principal Economist
Financial Institution Risk Evaluation
Financial Stability
Financial Stability

Andrea Passalacqua
Economist
Stress Testing
Supervision and Regulation
Supervision and Regulation

Wayne Passmore
Senior Adviser
Program Direction
Research and Statistics
Research and Statistics

Lubomir Petrasek
Chief
Financial Intermediaries Analysis
Monetary Affairs
Monetary Affairs

Michael V. Pykhtin
Manager
Trading and Capital Markets
Supervision and Regulation
Supervision and Regulation
R

Ben Ranish
Principal Economist
Banking, Credit and Operational Risk
Supervision and Regulation
Supervision and Regulation

Marcelo Rezende
Principal Economist
Financial Structure
Research and Statistics
Research and Statistics

Chase P. Ross
Economist
Macroprudential Policy Analysis
Financial Stability
Financial Stability

Doriana Ruffino
Manager
Stress Testing
Supervision and Regulation
Supervision and Regulation
S

Robert F. Sarama
Deputy Associate Director
Stress Testing
Supervision and Regulation
Supervision and Regulation

Young Hwa Seok
Economist
Stress Testing
Supervision and Regulation
Supervision and Regulation

Chaehee Shin
Principal Economist
Financial Stability Assessment
Financial Stability
Financial Stability

Paul A. Smith
Deputy Associate Director
Program Direction
Research and Statistics
Research and Statistics

Michael Smolyansky
Senior Economist
Capital Markets
Research and Statistics
Research and Statistics

Viktors Stebunovs
Deputy Associate Director
Program Direction
International Finance
International Finance

Gustavo A. Suarez
Assistant Director
Program Direction
Research and Statistics
Research and Statistics
T

Judit Temesvary
Chief
International Financial Stability
International Finance
International Finance

Ana-Maria K. Tenekedjieva
Economist
Flow of Funds
Research and Statistics
Research and Statistics

Yannick Timmer
Senior Economist
Macro-Financial Analysis
Monetary Affairs
Monetary Affairs
U

Pinar Uysal
Senior Economist
Global Financial Institutions
International Finance
International Finance
V

Skander Van den Heuvel
Deputy Associate Director
Program Direction
Financial Stability
Financial Stability

Alexandros Vardoulakis
Chief
Macroprudential Policy Analysis
Financial Stability
Financial Stability

Stéphane Verani
Principal Economist
Systemic Financial Institutions and Markets
Research and Statistics
Research and Statistics

Cindy M. Vojtech
Principal Economist
Stress Testing
Supervision and Regulation
Supervision and Regulation
W

Ashley Wang
Chief
Short-Term Funding Markets
Research and Statistics
Research and Statistics

James Wang
Senior Economist
Stress Testing
Supervision and Regulation
Supervision and Regulation

Ke Wang
Principal Economist
Banking, Credit and Operational Risk
Supervision and Regulation
Supervision and Regulation

Teng Wang
Principal Economist
Stress Testing
Supervision and Regulation
Supervision and Regulation

Missaka Warusawitharana
Manager
Policy Effectiveness and Assessment
Supervision and Regulation
Supervision and Regulation

Kirstin E. Wells
Principal Economist
FedNow Oversight Coordination and Strategy
Reserve Bank Operations and Payment Systems
Reserve Bank Operations and Payment Systems

Carlo E. Wix
Senior Economist
Policy Effectiveness and Assessment
Supervision and Regulation
Supervision and Regulation

Jason J. Wu
Associate Director
Program Direction
International Finance
International Finance
Y

Vladimir L. Yankov
Senior Economist
Financial Institution Risk Evaluation
Financial Stability
Financial Stability

Youngsuk Yook
Principal Economist
Flow of Funds
Research and Statistics
Research and Statistics
Z

Rebecca Zarutskie
Deputy Associate Director
Program Direction
Monetary Affairs
Monetary Affairs

Ilknur Zer
Principal Economist
Financial Stability Assessment
Financial Stability
Financial Stability

Xing (Alex) Zhou
Principal Economist
Short-Term Funding Markets
Research and Statistics
Research and Statistics

Andrei Zlate
Principal Economist
Banking and Financial Analysis
Monetary Affairs
Monetary Affairs

Francesca Zucchi
Principal Economist
Short-Term Funding Markets
Research and Statistics
Research and Statistics
Last update:
May 16, 2022