The Fed - Financial Markets

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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.

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Field of Interest:

Finance International Economics Macroeconomics Mathematical and Quantitative Methods Microeconomics

Division:

Consumer and Community Affairs Division of Board Members Financial Stability International Finance Monetary Affairs Research and Statistics Reserve Bank Operations and Payment Systems Supervision and Regulation

Finance

Field:

Asset Pricing Banking and Financial Institutions Consumer Finance Corporate Finance Financial Markets Market Microstructure Portfolio Choice Real Estate Risk Management

Financial Markets

Andrea Ajello Chief Macro-Financial Analysis
Monetary Affairs

Levent Altinoglu Economist Financial and Macroeconomic Stability Studies
Financial Stability

Alyssa G. Anderson Chief Money Market Analysis
Monetary Affairs

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

Ayelen Banegas Principal Economist Financial Intermediaries Analysis
Monetary Affairs

Daniel J. Barth Senior Economist Stress Testing
Supervision and Regulation

Hedi Benamar Principal Economist Global Capital Markets
International Finance

David Bowman Senior Associate Director Program Direction
Monetary Affairs

Celso Brunetti Chief Systemic Financial Institutions and Markets
Research and Statistics

Marco Cagetti Chief Flow of Funds
Research and Statistics

Cecilia R. Caglio Group Manager Financial Structure
Research and Statistics

Fang Cai Chief Financial Stability Assessment
Financial Stability

Alain Chaboud Principal Economist Global Monetary and Sovereign Markets
International Finance

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

James A. Clouse Deputy Director Program Direction
Monetary Affairs

Andrew M. Cohen Assistant Director Program Direction
Financial Stability

Daniel M. Covitz Deputy Director Program Direction
Research and Statistics

Matt Darst Economist Macroprudential Policy Analysis
Financial Stability

Michiel De Pooter Assistant Director Monetary and Financial Market Analysis
Monetary Affairs

Margaret DeBoer Deputy Associate Director Program Direction
Monetary Affairs

Benjamin Dennis Senior Economist Policy Planning and Strategy
Supervision and Regulation

Jennifer L. Dlugosz Principal Economist Financial Structure
Research and Statistics

Dobrislav Dobrev Principal Economist Monetary and Financial Market Analysis
Monetary Affairs

Fang Du Adviser Program Direction
Supervision and Regulation

Shengwu Du Senior Economist Quantitative Risk Analysis
Reserve Bank Operations and Payment Systems

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

Matthew J. Eichner Director Program Direction
Reserve Bank Operations and Payment Systems

Nathan Foley-Fisher Principal Economist Systemic Financial Institutions and Markets
Research and Statistics

Joshua Gallin Senior Associate Director Program Direction
Research and Statistics

Daniel I. Garcia Molina Economist Household and Business Spending
Research and Statistics

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

Michael S. Gibson Director Program Direction
Supervision and Regulation

Stefan Gissler Economist Systemic Financial Institutions and Markets
Research and Statistics

Olesya V. Grishchenko Principal Economist Monetary and Financial Market Analysis
Monetary Affairs

Li Gu Senior Economist Trading and Capital Markets
Supervision and Regulation

Yesol Huh Economist Risk Analysis
Research and Statistics

Jeffrey W. Huther Senior Economic Project Manager Program Direction
Monetary Affairs

Matteo Iacoviello Deputy Associate Director Trade and Financial Studies
International Finance

Markus F. Ibert Economist Global Capital Markets
International Finance

Diana A. Iercosan Principal Economist Trading and Capital Markets
Supervision and Regulation

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

Kasper Joergensen Economist Monetary and Financial Market Analysis
Monetary Affairs

Ruth A. Judson Senior Economic Project Manager Global Financial Flows
International Finance

John Kandrac Principal Economist Financial Structure
Research and Statistics

Don H. Kim Senior Adviser Program Direction
Monetary Affairs

Kyungmin Kim Senior Economist Money Market Analysis
Monetary Affairs

Elizabeth K. Kiser Associate Director Program Direction
Research and Statistics

Yuriy Kitsul Chief Global Capital Markets
International Finance

Elizabeth C. Klee Senior Associate Director Program Direction
Financial Stability

Anya V. Kleymenova Senior Economist Stress Testing
Supervision and Regulation

John R. Krainer Principal Economist Stress Testing
Supervision and Regulation

Seung Kwak Economist Financial Intermediaries Analysis
Monetary Affairs

Andreas Lehnert Director Program Direction
Financial Stability

Kurt F. Lewis Principal Economist Monetary Studies
Monetary Affairs

Canlin Li Senior Economic Project Manager Global Monetary and Sovereign Markets
International Finance

Lei Li Senior Economist Short-Term Funding Markets
Research and Statistics

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

Gordon Y. Liao Economist Global Monetary and Sovereign Markets
International Finance

Laura Lipscomb Chief Monetary Policy Operations and Analysis
Monetary Affairs

Sai Ma Economist International Financial Stability
International Finance

Patrick E. McCabe Adviser Program Direction
Research and Statistics

Andrew C. Meldrum Chief Monetary and Financial Market Analysis
Monetary Affairs

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

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

Michele Modugno Principal Economist Financial and Macroeconomic Stability Studies
Financial Stability

Borghan N. Narajabad Principal Economist Systemic Financial Institutions and Markets
Research and Statistics

Gaston M. Navarro Economist Trade and Financial Studies
International Finance

Travis D. Nesmith Assistant Director Quantitative Risk Analysis
Reserve Bank Operations and Payment Systems

Dong Hwan Oh Senior Economist Quantitative Risk Analysis
Reserve Bank Operations and Payment Systems

Ken Onishi Senior Economist Financial Structure
Research and Statistics

Anna Orlik Principal Economist Monetary Studies
Monetary Affairs

Teodora Paligorova Principal Economist Financial Institution Risk Evaluation
Financial Stability

Michael G. Palumbo Senior Associate Director Program Direction
Research and Statistics

Yang-Ho Park Principal Economist Risk Analysis
Research and Statistics

Andrea Passalacqua Economist Stress Testing
Supervision and Regulation

Wayne Passmore Senior Adviser Program Direction
Research and Statistics

Matthias O. Paustian Assistant Director Macroeconomic and Quantitative Studies
Research and Statistics

Karen M. Pence Deputy Associate Director Program Direction
Research and Statistics

Ander Perez-Orive Principal Economist Macro-Financial Analysis
Monetary Affairs

Lubomir Petrasek Chief Financial Intermediaries Analysis
Monetary Affairs

Valery Polkovnichenko Principal Economist Risk Analysis
Research and Statistics

Andrea Prestipino Senior Economist Global Modeling Studies
International Finance

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

Carlos Ramírez Senior Economist Systemic Financial Institutions and Markets
Research and Statistics

Andreas C. Rapp Economist Global Capital Markets
International Finance

David E. Rappoport Economist Macroprudential Policy Analysis
Financial Stability

Marius Rodriguez Group Manager Monetary and Financial Market Analysis
Monetary Affairs

Brigitte Roth Tran Senior Economist Household and Business Spending
Research and Statistics

Doriana Ruffino Manager Stress Testing
Supervision and Regulation

Horacio Sapriza Principal Economist Macro-Financial Analysis
Monetary Affairs

Cisil Sarisoy Economist Global Monetary and Sovereign Markets
International Finance

John W. Schindler Associate Director Program Direction
Financial Stability

Bernd Schlusche Principal Economist Money Market Analysis
Monetary Affairs

Andres Schneider Economist Financial and Macroeconomic Stability Studies
Financial Stability

Chiara Scotti Special Adviser to the Board General Program Support
Board Members

Zeynep Senyuz Assistant Director Program Direction
Monetary Affairs

Steven A. Sharpe Deputy Associate Director Program Direction
Research and Statistics

Chaehee Shin Principal Economist Financial Stability Assessment
Financial Stability

Jae W. Sim Principal Economist Macroeconomic and Quantitative Studies
Research and Statistics

David H. Small Project Manager FOMC Secretariat
Monetary Affairs

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

Viktors Stebunovs Chief Global Financial Institutions
International Finance

Irina Stefanescu Principal Economist Flow of Funds
Research and Statistics

Gustavo A. Suarez Assistant Director Program Direction
Research and Statistics

Bo Sun Principal Economist International Financial Stability
International Finance

Nathan Swem Senior Economist Financial Stability Assessment
Financial Stability

Pawel J. Szerszen Principal Economist Risk Analysis
Research and Statistics

Hiroatsu Tanaka Senior Economist Monetary and Financial Market Analysis
Monetary Affairs

Manjola Tase Principal Economist Money Market Analysis
Monetary Affairs

Thiago R. T. Ferreira Senior Economist Advanced Foreign Economies
International Finance

Tugkan Tuzun Principal Economist Capital Markets
Research and Statistics

Pinar Uysal Senior Economist Global Financial Institutions
International Finance

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

Diego Vilán Senior Economist Macroeconomic and Quantitative Studies
Research and Statistics

Bastian von Beschwitz Principal Economist Global Monetary and Sovereign Markets
International Finance

Colin R. Weiss Senior Economist Global Financial Flows
International Finance

Jie Yang Principal Economist Capital Markets
Research and Statistics

Emre Yoldas Chief Global Monetary and Sovereign Markets
International Finance

Youngsuk Yook Principal Economist Flow of Funds
Research and Statistics

Egon Zakrajsek Senior Adviser Program Direction
Monetary Affairs

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

Filip Zikes Principal Economist Financial Stability Assessment
Financial Stability

Francesca Zucchi Senior Economist Short-Term Funding Markets
Research and Statistics

Last update: January 11, 2021

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