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

John Ammer Senior Economic Project Manager Program Direction
International Finance

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 Financial Stability Assessment
Financial Stability

Hedi Benamar Principal Economist Global Capital Markets
International Finance

David Bowman Senior Associate Director Program Direction
Monetary Affairs

Celso Brunetti Assistant Director Program Direction
Research and Statistics

Marco Cagetti Assistant Director Program Direction
Research and Statistics

Cecilia R. Caglio Group Manager Financial Structure
Research and Statistics

Fang Cai Chief Financial Stability Assessment
Financial Stability

Alain Chaboud Senior Economic Project Manager Program Direction
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 Principal Economist Macroprudential Policy Analysis
Financial Stability

Michele H. Dathan Economist Global Capital Markets
International Finance

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 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 Senior 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 Principal Economist Systemic Financial Institutions and Markets
Research and Statistics

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

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

Li Gu Senior Economist Trading and Capital Markets
Supervision and Regulation

Kirstin Hubrich Principal Economist Program Direction
Research and Statistics

Yesol Huh Principal 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 Senior Economist Global Capital Markets
International Finance

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

Mohammad R. Jahan-Parvar Principal Economist Global Capital Markets
International Finance

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

John Kandrac Principal Economist Financial Structure
Research and Statistics

Rehim Kilic Principal Economist Quantitative Risk Analysis
Reserve Bank Operations and Payment Systems

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

Mathias S. Kruttli Principal Economist Flow of Funds
Research and Statistics

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 Principal Economist Short-Term Funding Markets
Research and Statistics

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

Laura Lipscomb Chief Monetary Policy Operations and Analysis
Monetary Affairs

Sai Ma Senior Economist International Financial Stability
International Finance

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

Andrew C. Meldrum Assistant Director Program Direction
Monetary Affairs

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

Michele Modugno Chief Financial and Macroeconomic Stability Studies
Financial Stability

Gaston M. Navarro Economist Trade and Financial Studies
International Finance

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

Borghan N. Narajabad Chief Systemic Financial Institutions and Markets
Research and Statistics

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

Ken Onishi Principal 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

Nora M. Pankratz Economist Macroprudential Policy Analysis
Financial Stability

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 Program Direction
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 Principal Economist Macroprudential Policy Analysis
Financial Stability

Marius Rodriguez Group Manager Monetary and Financial Market Analysis
Monetary Affairs

Doriana Ruffino Manager Stress Testing
Supervision and Regulation

Mehrdad Samadi Senior Economist Global Capital Markets
International Finance

Cisil Sarisoy Senior Economist Global Monetary and Sovereign Markets
International Finance

John W. Schindler Senior 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 Deputy Associate Director Program Direction
Financial Stability

Zeynep Senyuz Deputy Associate Director Program Direction
Monetary Affairs

Steven A. Sharpe Senior Adviser 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

Oleg V. Sokolinskiy Senior Economist Monetary and Financial Market Analysis
Monetary Affairs

Viktors Stebunovs Deputy Associate Director Program Direction
International Finance

Irina Stefanescu Group Manager 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 Principal 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 Chief Global Monetary and Sovereign Markets
International Finance

Colin R. Weiss Senior Economist Global Financial Flows
International Finance

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

Ines M. Xavier Economist Macro-Financial Analysis
Monetary Affairs

Jie Yang Group Manager Capital Markets
Research and Statistics

Emre Yoldas Assistant Director Program Direction
International Finance

Youngsuk Yook Principal Economist Flow of Funds
Research and Statistics

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

Filip Zikes Principal Economist Financial Stability Assessment
Financial Stability

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

Last update: May 9, 2022

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