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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International Finance

The Division of International Finance is responsible for basic research, policy analysis, and reporting in the areas of foreign economic activity, U.S. external trade and capital flows, and developments in international financial markets and institutions. Research responsibilities are shared by staff economists in the seven sections listed below as well as by the officers in the Program Direction group.

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Global Financial Institutions

The Global Financial Institutions section analyzes innovations in international financial systems and their impact on banks and financial markets in the United States and abroad. The section's work includes microeconomic analysis and research oriented toward examining issues related to the management of risk in financial institutions and the international financial system, the structure of financial systems in major foreign countries, and the competitive framework in international banking markets.

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Last update: March 27, 2017