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:
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Field of Interest:
Division:

Monetary Affairs

The Division of Monetary Affairs supports the Board and the Federal Open Market Committee (FOMC) in their monetary policy deliberations by preparing research and analysis in the fields of finance, money and banking, and monetary policy design and implementation. The Division also assists the Board and FOMC in preparing policy communications, maintains records of FOMC deliberations and decisions, and produces monetary and financial data. In addition, the Division contributes to the Board’s supervisory, regulatory, and financial stability functions.

Section:
Macro-Financial Analysis

The Macro-Financial Analysis (MFA) section supports the monetary policy and financial stability mandates of the Board through policy analysis and longer-term research on: the interaction between financial market conditions and economic activity; the identification and measurement of financial sector activities that pose risks to the economy; the interaction between monetary policy and financial stability.

A
Photo of Andrea Ajello
Andrea Ajello Chief Macro-Financial Analysis
Monetary Affairs

G
Photo of Jonathan Goldberg
Jonathan Goldberg Principal Economist Macro-Financial Analysis
Monetary Affairs

L
Photo of Francesca Loria
Francesca Loria Principal Economist Macro-Financial Analysis
Monetary Affairs

P
Photo of Ander Perez-Orive
Ander Perez-Orive Principal Economist Macro-Financial Analysis
Monetary Affairs

S
Photo of Balint Szoke
Balint Szoke Economist Macro-Financial Analysis
Monetary Affairs

T
Photo of Yannick Timmer
Yannick Timmer Senior Economist Macro-Financial Analysis
Monetary Affairs

V
Photo of Francisco Vazquez-Grande
Francisco Vazquez-Grande Group Manager Macro-Financial Analysis
Monetary Affairs

X
Photo of Ines M. Xavier
Ines M. Xavier Economist Macro-Financial Analysis
Monetary Affairs
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Last Update: November 20, 2023