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:
Monetary Studies

The Monetary Studies section conducts research and policy analysis in macroeconomics and monetary economics. It supports the Division of Monetary Affairs' work on strategic monetary policy issues by providing expertise on the design, implementation, and communication of monetary policy, including aspects related to policy rules, policymaking under uncertainty, and the coordination of policy instruments. In addition to these topics, section members purse theoretical and applied research on financial stability, labor markets, inflation dynamics, interest rates, quantitative techniques for solving economic models, and other topics that are relevant for monetary policy.

A
Photo of Andrea Ajello
Andrea Ajello Principal Economist Monetary Studies
Monetary Affairs
Photo of Gary S. Anderson
Gary S. Anderson Economist Monetary Studies
Monetary Affairs

B
Photo of Martin Bodenstein
Martin Bodenstein Principal Economist Monetary Studies
Monetary Affairs

D
Photo of Cynthia L. Doniger
Cynthia L. Doniger Economist Monetary Studies
Monetary Affairs

G
Photo of Etienne Gagnon
Etienne Gagnon Chief Monetary Studies
Monetary Affairs
Photo of Christopher J. Gust
Christopher J. Gust Assistant Director Monetary Studies
Monetary Affairs

H
Photo of Edward P. Herbst
Edward P. Herbst Principal Economist Monetary Studies
Monetary Affairs

J
Photo of Benjamin K. Johannsen
Benjamin K. Johannsen Senior Economist Monetary Studies
Monetary Affairs

O
Image of Board Seal
Anna Orlik Senior Economist Monetary Studies
Monetary Affairs

W
Photo of Fabian Winkler
Fabian Winkler Economist Monetary Studies
Monetary Affairs
Last update: December 11, 2017