The Federal Reserve Board employs more than 500 researchers, including more than 400 Ph.D. economists, who represent an exceptionally diverse range of interests and specific areas of expertise. Board researchers conduct cutting edge research, produce numerous working papers and notes, and are among the leading contributors at professional meetings and in major journals. Our researchers 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:
Division:
Job Role:
A
Photo of Stephanie R. Aaronson
Stephanie R. Aaronson Senior Associate Director Program Direction
Research and Statistics
Photo of Miguel Acosta
Miguel Acosta Economist Trade and Financial Studies
International Finance
Photo of Robert M. Adams
Robert M. Adams Principal Economist Consumer Finance
Research and Statistics
Photo of Elena Afanasyeva
Elena Afanasyeva Principal Economist Financial and Macroeconomic Stability Studies
Financial Stability
Photo of Shaghil Ahmed
Shaghil Ahmed Deputy Director Program Direction
International Finance
Photo of Hie Joo Ahn
Hie Joo Ahn Principal Economist Current Macroeconomic Conditions
Research and Statistics
Image of Board Seal
Florencia S. Airaudo Economist Advanced Foreign Economies
International Finance
Photo of Andrea Ajello
Andrea Ajello Chief Macro-Financial Analysis
Monetary Affairs
Image of Board Seal
Aditya Aladangady Principal Economist Microeconomic Surveys
Research and Statistics
Photo of Jeffrey S. Allen
Jeffrey S. Allen Senior Fin Inst Policy Analyst II Technology Lab
Reserve Bank Operations and Payment Systems
Image of Board Seal
Harun Alp Economist Advanced Foreign Economies
International Finance
Photo of Levent Altinoglu
Levent Altinoglu Principal Economist Financial and Macroeconomic Stability Studies
Financial Stability
Photo of Anna Amirdjanova
Anna Amirdjanova Economist Trading and Capital Markets
Supervision and Regulation
Photo of Gianni G. Amisano
Gianni G. Amisano Assistant Director Program Direction
Research and Statistics
Photo of John Ammer
John Ammer Senior Economic Project Manager Program Direction
International Finance
Photo of Sriya L. Anbil
Sriya L. Anbil Group Manager Money Market Analysis
Monetary Affairs
Photo of Alyssa G. Anderson
Alyssa G. Anderson Principal Economist Money Market Analysis
Monetary Affairs
Photo of Christopher S. Anderson
Christopher S. Anderson Senior Economist Trading and Capital Markets
Supervision and Regulation
Photo of Elliot Anenberg
Elliot Anenberg Chief Real Estate Finance
Research and Statistics
Photo of Maria Aristizabal-Ramirez
Maria Aristizabal-Ramirez Economist Emerging Market Economies
International Finance
Photo of David M. Arseneau
David M. Arseneau Assistant Director Program Direction
Financial Stability
Photo of Sina T. Ates
Sina T. Ates Principal Economist Emerging Market Economies
International Finance

B
Photo of Anton I. Badev
Anton I. Badev Senior Economist Stress Testing
Supervision and Regulation
Image of Board Seal
Ayelen Banegas Principal Economist Financial Intermediaries Analysis
Monetary Affairs
Photo of Alessandro Barbarino
Alessandro Barbarino Principal Economist Current Macroeconomic Conditions
Research and Statistics
Photo of William L. Barcelona
William L. Barcelona Data and Technology Analyst III Global Financial Institutions
International Finance
Photo of Bence A. Bardoczy
Bence A. Bardoczy Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Daniel J. Barth
Daniel J. Barth Principal Economist Financial Stability Assessment
Financial Stability
Image of Board Seal
William F. Bassett Senior Associate Director Program Direction
Financial Stability
Photo of Michael M. Batty
Michael M. Batty Group Manager Flow of Funds
Research and Statistics
Photo of Garth Baughman
Garth Baughman Principal Economist Payment System Studies
Reserve Bank Operations and Payment Systems
Photo of Kimberly N. Bayard
Kimberly N. Bayard Group Manager Industrial Output
Research and Statistics
Photo of Pau Belda
Pau Belda Economist Capital Markets
Research and Statistics
Photo of Daniel O. Beltran
Daniel O. Beltran Deputy Associate Director Program Direction
International Finance
Photo of David A. Benson
David A. Benson Senior Economist Financial Structure
Research and Statistics
Photo of Travis J. Berge
Travis J. Berge Chief Current Macroeconomic Conditions
Research and Statistics
Photo of Brett D. Berger
Brett D. Berger Senior Adviser Program Direction
International Finance
Photo of Jose M. Berrospide
Jose M. Berrospide Assistant Director Program Direction
Financial Stability
Photo of Carol Bertaut
Carol Bertaut Senior Adviser Program Direction
International Finance
Photo of Mehdi Beyhaghi
Mehdi Beyhaghi Senior Economist Policy Effectiveness and Assessment
Supervision and Regulation
Photo of Joshua Blonz
Joshua Blonz Senior Economist Industrial Output
Research and Statistics
Photo of Martin Bodenstein
Martin Bodenstein Adviser Program Direction
International Finance
Photo of Mark J. Bognanni
Mark J. Bognanni Principal Economist Prices and Wages
Research and Statistics
Image of Board Seal
Brian J. Bonis Assistant Director Program Direction
Monetary Affairs
Photo of Vitaly M. Bord
Vitaly M. Bord Senior Economist Consumer Finance
Research and Statistics
Photo of David Bowman
David Bowman Senior Associate Director Program Direction
Monetary Affairs
Photo of Eirik E. Brandsaas
Eirik E. Brandsaas Economist Household and Business Spending
Research and Statistics
Photo of Robin Braun
Robin Braun Senior Economist Industrial Output
Research and Statistics
Photo of Kenneth P. Brevoort
Kenneth P. Brevoort Principal Economist Consumer and Community Research
Consumer and Community Affairs
Photo of Jesse Bricker
Jesse Bricker Principal Economist Microeconomic Surveys
Research and Statistics
Photo of Celso Brunetti
Celso Brunetti Assistant Director Program Direction
Research and Statistics
Image of Board Seal
David M. Byrne Principal Economist Industrial Output
Research and Statistics

C
Photo of Marco Cagetti
Marco Cagetti Assistant Director Program Direction
Research and Statistics
Image of Board Seal
Cecilia R. Caglio Chief Financial Structure
Research and Statistics
Photo of Fang Cai
Fang Cai Assistant Director Program Direction
Financial Stability
Photo of Colin C. Caines
Colin C. Caines Principal Economist Emerging Market Economies
International Finance
Image of Board Seal
Isabel Cairó Principal Economist Monetary Studies
Monetary Affairs
Image of Board Seal
Tomaz Cajner Group Manager Industrial Output
Research and Statistics
Photo of Dario Caldara
Dario Caldara Assistant Director Program Direction
International Finance
Photo of James A. Caldera
James A. Caldera Economist Policy Effectiveness and Assessment
Supervision and Regulation
Photo of Francesca Carapella
Francesca Carapella Principal Economist Payment System Studies
Reserve Bank Operations and Payment Systems
Photo of Mark A. Carlson
Mark A. Carlson Adviser Program Direction
Monetary Affairs
Image of Board Seal
Nick A. Carollo Economist Labor Markets
Research and Statistics
Photo of Danilo Cascaldi-Garcia
Danilo Cascaldi-Garcia Principal Economist Advanced Foreign Economies
International Finance
Photo of David B. Cashin
David B. Cashin Principal Economist Fiscal Analysis
Research and Statistics
Photo of Michele Cavallo
Michele Cavallo Principal Economist Banking and Financial Analysis
Monetary Affairs
Photo of Alain Chaboud
Alain Chaboud Senior Economic Project Manager Program Direction
International Finance
Photo of Andrew C. Chang
Andrew C. Chang Principal Economist Microeconomic Surveys
Research and Statistics
Photo of Jin-Wook B. Chang
Jin-Wook B. Chang Senior Economist Financial Stability Assessment
Financial Stability
Photo of Andrew Y. Chen
Andrew Y. Chen Principal Economist Capital Markets
Research and Statistics
Photo of Han Chen
Han Chen Senior Economist Household and Business Spending
Research and Statistics
Photo of David Cho
David Cho Senior Economist Household and Business Spending
Research and Statistics
Photo of Jaedo Choi
Jaedo Choi Economist Industrial Output
Research and Statistics
Photo of Joonkyu Choi
Joonkyu Choi Senior Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Hess T. Chung
Hess T. Chung Chief Macroeconomic and Quantitative Studies
Research and Statistics
Image of Board Seal
James A. Clouse Deputy Director Program Direction
Monetary Affairs
Photo of John M. Coglianese
John M. Coglianese Senior Economist Labor Markets
Research and Statistics
Photo of Andrew M. Cohen
Andrew M. Cohen Assistant Director Program Direction
Financial Stability
Photo of Nathan L. Converse
Nathan L. Converse Principal Economist Global Financial Flows
International Finance
Photo of Ricardo Correa
Ricardo Correa Senior Adviser Program Direction
International Finance
Photo of Sergio A. Correia
Sergio A. Correia Economist Financial Institution Risk Evaluation
Financial Stability
Photo of Daniel M. Covitz
Daniel M. Covitz Deputy Director Program Direction
Research and Statistics
Photo of Leland D. Crane
Leland D. Crane Senior Economist Industrial Output
Research and Statistics
Photo of Edmund S. Crawley
Edmund S. Crawley Senior Economist Monetary Studies
Monetary Affairs
Photo of Pablo A. Cuba-Borda
Pablo A. Cuba-Borda Principal Economist Global Modeling Studies
International Finance
Photo of Stephanie E. Curcuru
Stephanie E. Curcuru Deputy Director Program Direction
International Finance

D
Photo of Erfan Danesh
Erfan Danesh Senior Economist Risk Analysis
Research and Statistics
Photo of Matt Darst
Matt Darst Principal Economist Macroprudential Policy Analysis
Financial Stability
Photo of Kabir Dasgupta
Kabir Dasgupta Senior Economist Consumer and Community Research
Consumer and Community Affairs
Image of Board Seal
Michele H. Dathan Economist Global Capital Markets
International Finance
Photo of Deepa Dhume Datta
Deepa Dhume Datta Assistant Director Advanced Foreign Economies
International Finance
Photo of Andrea De Michelis
Andrea De Michelis Deputy Associate Director Program Direction
International Finance
Photo of Francois M. de Soyres
Francois M. de Soyres Principal Economist Emerging Market Economies
International Finance
Photo of Margaret DeBoer
Margaret DeBoer Deputy Associate Director Program Direction
Monetary Affairs
Photo of Ryan A. Decker
Ryan A. Decker Principal Economist Industrial Output
Research and Statistics
Photo of Ahmet Degerli
Ahmet Degerli Senior Economist Financial Intermediaries Analysis
Monetary Affairs
Photo of Laurie Pounder DeMarco
Laurie Pounder DeMarco Principal Economist Global Financial Flows
International Finance
Photo of Benjamin Dennis
Benjamin Dennis Principal Economist Policy Planning and Strategy
Supervision and Regulation
Photo of Lisa J. Dettling
Lisa J. Dettling Principal Economist Fiscal Analysis
Research and Statistics
Photo of Daniel A. Dias
Daniel A. Dias Principal Economist Financial Institution Risk Evaluation
Financial Stability
Photo of Anthony M. Diercks
Anthony M. Diercks Principal Economist Monetary and Financial Market Analysis
Monetary Affairs
Image of Board Seal
Jennifer L. Dlugosz Principal Economist Financial Structure
Research and Statistics
Image of Board Seal
Dobrislav Dobrev Principal Economist Monetary and Financial Market Analysis
Monetary Affairs
Photo of Christine L. Dobridge
Christine L. Dobridge Principal Economist Flow of Funds
Research and Statistics
Photo of Cynthia L. Doniger
Cynthia L. Doniger Senior Economist Money Market Analysis
Monetary Affairs
Photo of Tim E. Dore
Tim E. Dore Principal Economist Flow of Funds
Research and Statistics
Photo of Brian M. Doyle
Brian M. Doyle Deputy Director Program Direction
International Finance
Photo of John C. Driscoll
John C. Driscoll Principal Economist Consumer Finance
Research and Statistics
Photo of Chuan Du
Chuan Du Economist Payment System Studies
Reserve Bank Operations and Payment Systems
Photo of Fang Du
Fang Du Adviser Program Direction
Supervision and Regulation
Image of Board Seal
Shengwu Du Senior Economist Quantitative Risk Analysis
Reserve Bank Operations and Payment Systems
Photo of Andrew M. Dumont
Andrew M. Dumont Lead Community Development Analyst Community Development, Oversight, and Engagement
Consumer and Community Affairs
Photo of Wendy E. Dunn
Wendy E. Dunn Adviser Program Direction
Research and Statistics
Photo of Ricardo Filipe Duque Gabriel
Ricardo Filipe Duque Gabriel Economist Policy Effectiveness and Assessment
Supervision and Regulation
Photo of Bora Durdu
Bora Durdu Assistant Director Program Direction
Financial Stability
Photo of Burcu Duygan-Bump
Burcu Duygan-Bump Associate Director Program Direction
Research and Statistics

E
Photo of Rochelle M. Edge
Rochelle M. Edge Deputy Director Program Direction
Monetary Affairs
Photo of Matthew J. Eichner
Matthew J. Eichner Director Program Direction
Reserve Bank Operations and Payment Systems
Photo of Eric M. Engen
Eric M. Engen Senior Associate Director Program Direction
Research and Statistics
Photo of Eric C. Engstrom
Eric C. Engstrom Associate Director Program Direction
Monetary Affairs
Photo of Neil R. Ericsson
Neil R. Ericsson Principal Economist Trade and Financial Studies
International Finance

F
Photo of Antonio Falato
Antonio Falato Senior Economist Macroprudential Policy Analysis
Financial Stability
Photo of Elena Falcettoni
Elena Falcettoni Senior Economist Payment System Studies
Reserve Bank Operations and Payment Systems
Photo of Jon Faust
Jon Faust Senior Special Adviser to the Chair General Program Support
Board Members
Photo of Giovanni Favara
Giovanni Favara Assistant Director Program Direction
Monetary Affairs
Photo of John J. Feid
John J. Feid Principal Economist Trading and Capital Markets
Supervision and Regulation
Photo of Laura J. Feiveson
Laura J. Feiveson Deputy Assistant Secretary Household and Business Spending
Research and Statistics
Photo of Francesco Ferrante
Francesco Ferrante Principal Economist Trade and Financial Studies
International Finance
Image of Board Seal
Erin E. Syron Ferris Principal Economist Money Market Analysis
Monetary Affairs
Image of Board Seal
Andrew Figura Associate Director Program Direction
Research and Statistics
Photo of Christopher Finger
Christopher Finger Associate Director Program Direction
Supervision and Regulation
Photo of Giuseppe Fiori
Giuseppe Fiori Principal Economist Advanced Foreign Economies
International Finance
Photo of Aaron B. Flaaen
Aaron B. Flaaen Group Manager Industrial Output
Research and Statistics
Image of Board Seal
Johannes Fleck Economist Advanced Foreign Economies
International Finance
Photo of Charles A. Fleischman
Charles A. Fleischman Adviser Program Direction
Research and Statistics
Photo of Jean C. Flemming
Jean C. Flemming Senior Economist Payment System Studies
Reserve Bank Operations and Payment Systems
Photo of Nathan Foley-Fisher
Nathan Foley-Fisher Principal Economist Systemic Financial Institutions and Markets
Research and Statistics
Photo of Glenn R. Follette
Glenn R. Follette Associate Director Program Direction
Research and Statistics
Photo of Cristina Fuentes-Albero
Cristina Fuentes-Albero Group Manager Macroeconomic and Quantitative Studies
Research and Statistics
Image of Board Seal
Sheridan Fuller Economist Fiscal Analysis
Research and Statistics
Photo of Chad T. Fulton
Chad T. Fulton Principal Economist Prices and Wages
Research and Statistics

G
Photo of Etienne Gagnon
Etienne Gagnon Associate Director Program Direction
International Finance
Photo of Joshua Gallin
Joshua Gallin Secretary of the FOMC Program Direction
Monetary Affairs
Photo of William L. Gamber
William L. Gamber Economist Household and Business Spending
Research and Statistics
Photo of Daniel I. Garcia Molina
Daniel I. Garcia Molina Senior Economist Household and Business Spending
Research and Statistics
Photo of Joaquin Garcia-Cabo
Joaquin Garcia-Cabo Senior Economist Advanced Foreign Economies
International Finance
Photo of Geoffrey R. Gerdes
Geoffrey R. Gerdes Principal Economist Payment System Studies
Reserve Bank Operations and Payment Systems
Photo of Michael S. Gibson
Michael S. Gibson Director Program Direction
Supervision and Regulation
Photo of Stefan Gissler
Stefan Gissler Principal Economist Systemic Financial Institutions and Markets
Research and Statistics
Photo of David P. Glancy
David P. Glancy Principal Economist Banking and Financial Analysis
Monetary Affairs
Image of Board Seal
Simon Glossner Economist Flow Of Funds
Research and Statistics
Photo of Nils M. Gornemann
Nils M. Gornemann Principal Economist Advanced Foreign Economies
International Finance
Photo of Jonathan Goldberg
Jonathan Goldberg Principal Economist Macro-Financial Analysis
Monetary Affairs
Photo of Manuel P. Gonzalez-Astudillo
Manuel P. Gonzalez-Astudillo Principal Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Sarena F. Goodman
Sarena F. Goodman Principal Economist Microeconomic Surveys
Research and Statistics
Photo of Michael B. Gordy
Michael B. Gordy Chief Risk Analysis
Research and Statistics
Photo of Daniel R. Gorin
Daniel R. Gorin Lead Supervisory Policy Analyst Policy Analysis
Consumer and Community Affairs
Image of Board Seal

Lynn M. Gottschalk

Senior EconomistFair Lending Enforcement
Consumer and Community Affairs
Photo of Jacob P. Gramlich
Jacob P. Gramlich Assistant Director Program Direction
Research and Statistics
Photo of Sebastian H. Graves
Sebastian H. Graves Economist Trade and Financial Studies
International Finance
Photo of Olesya V. Grishchenko
Olesya V. Grishchenko Principal Economist Monetary and Financial Market Analysis
Monetary Affairs
Photo of Serafin J. Grundl
Serafin J. Grundl Principal Economist Financial Structure
Research and Statistics
Photo of Li Gu
Li Gu Senior Economist Trading and Capital Markets
Supervision and Regulation
Photo of Luca Guerrieri
Luca Guerrieri Associate Director Program Direction
International Finance
Image of Board Seal
Arun Gupta Senior Economist Financial Institution Risk Evaluation
Financial Stability
Photo of Christopher J. Gust
Christopher J. Gust Associate Director Program Direction
Monetary Affairs

H
Photo of Flora M. Haberkorn
Flora M. Haberkorn Data Scientist Integrated Technology Solutions
International Finance
Photo of Sinem Hacioglu Hoke
Sinem Hacioglu Hoke Senior Economist Industrial Output
Research and Statistics
Image of Board Seal
Hajime H. Hadeishi Principal Economist Fair Lending Enforcement
Consumer and Community Affairs
Photo of Diana Hancock
Diana Hancock Senior Associate Director Program Direction
Research and Statistics
Photo of Sharjil M. Haque
Sharjil M. Haque Economist Stress Testing
Supervision and Regulation
Image of Board Seal
Nathan W. Heinrich Financial Analyst Systemic Financial Institutions and Markets
Research and Statistics
Photo of Erik A. Heitfield
Erik A. Heitfield Deputy Associate Director Program Direction
Research and Statistics
Photo of Sam Hempel
Sam Hempel Senior Economist Short-term Funding Markets
Research and Statistics
Photo of Edward P. Herbst
Edward P. Herbst Chief Monetary Studies
Monetary Affairs
Photo of Adrienne M. Hieb
Adrienne M. Hieb Knowledge Analyst (Metadata Librarian) Research Library
Research and Statistics
Photo of Aurel Hizmo
Aurel Hizmo Principal Economist Real Estate Finance
Research and Statistics
Photo of Trang T. Hoang
Trang T. Hoang Economist Trade and Quantitative Studies
International Finance
Photo of Jasper Hoek
Jasper Hoek Assistant Director Program Direction
International Finance
Image of Board Seal
Elizabeth B. Holmquist Lead Financial Analyst Flow of Funds
Research and Statistics
Photo of Akos Horvath
Akos Horvath Senior Economist Policy Effectiveness and Assessment
Supervision and Regulation
Photo of Colin J. Hottman
Colin J. Hottman Principal Economist Trade and Quantitative Studies
International Finance
Photo of Cooper Howes
Cooper Howes Senior Economist Household and Business Spending
Research and Statistics
Image of Board Seal
Xin Huang Principal Economist Risk Analysis
Research and Statistics
Image of Board Seal
Christopher Huckfeldt Senior Economist Global Modeling Studies
International Finance
Photo of Yesol Huh
Yesol Huh Principal Economist Risk Analysis
Research and Statistics

I
Photo of Matteo Iacoviello
Matteo Iacoviello Senior Associate Director Program Direction
International Finance
Photo of Diana A. Iercosan
Diana A. Iercosan Principal Economist Trading and Capital Markets
Supervision and Regulation
Photo of Jane E. Ihrig
Jane E. Ihrig Senior Adviser Program Direction
Monetary Affairs
Photo of Jay H. Im
Jay H. Im Economist Short-Term Funding Markets
Research and Statistics
Photo of Hulusi Inanoglu
Hulusi Inanoglu Principal Economist Trading and Capital Markets
Supervision and Regulation
Photo of Sebastian Infante
Sebastian Infante Chief Money Market Analysis
Monetary Affairs
Image of Board Seal
Felicia F. Ionescu Chief Banking and Financial Analysis
Monetary Affairs
Photo of Anni T. Isojaervi
Anni T. Isojaervi Economist Financial and Macroeconomic Stability Studies
Financial Stability

J
Photo of Margaret M. Jacobson
Margaret M. Jacobson Economist Monetary Studies
Monetary Affairs
Photo of Mohammad R. Jahan-Parvar
Mohammad R. Jahan-Parvar Principal Economist Global Capital Markets
International Finance
Photo of Anil K. Jain
Anil K. Jain Principal Economist Global Financial Institutions
International Finance
Photo of Eva F. Janssens
Eva F. Janssens Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Sam Jerow
Sam Jerow Financial Analyst Financial and Macroeconomic Stability Studies
Financial Stability
Photo of Benjamin K. Johannsen
Benjamin K. Johannsen Assistant Director Program Direction
Monetary Affairs
Image of Board Seal
Callum J. Jones Principal Economist Monetary Studies
Monetary Affairs
Photo of Ruth A. Judson
Ruth A. Judson Senior Economic Project Manager Global Financial Flows
International Finance

K
Image of Board Seal
Dalida Kadyrzhanova Principal Economist Capital Markets
Research and Statistics
Photo of R. Jay Kahn
R. Jay Kahn Senior Economist Short-Term Funding Markets
Research and Statistics
Photo of Cody F. Kallen
Cody F. Kallen Economist Global Financial Flows
International Finance
Photo of John Kandrac
John Kandrac Principal Economist Financial Structure
Research and Statistics
Photo of Heidi A. Kaplan
Heidi A. Kaplan Lead Community Dev Analyst Community Development, Oversight, and Engagement
Consumer and Community Affairs
Photo of Gazi I. Kara
Gazi I. Kara Chief Financial Stability Assessment
Financial Stability
Photo of Benjamin S. Kay
Benjamin S. Kay Principal Economist Policy Effectiveness and Assessment
Supervision and Regulation
Photo of Ritt Keerati
Ritt Keerati Economist Global Financial Flows
International Finance
Image of Board Seal
Helen C. Keil-Losch Senior Knowledge Analyst Research Library
Research and Statistics
Photo of Michael T. Kiley
Michael T. Kiley Deputy Director Program Direction
Financial Stability
Image of Board Seal
Rehim Kilic Principal Economist Quantitative Risk Analysis
Reserve Bank Operations and Payment Systems
Photo of Don H. Kim
Don H. Kim Senior Adviser Program Direction
Monetary Affairs
Photo of Hyung Joo Kim
Hyung Joo Kim Economist Quantitative Risk Analysis
Reserve Bank Operations and Payment Systems
Photo of Kyungmin Kim
Kyungmin Kim Principal Economist Money Market Analysis
Monetary Affairs
Photo of You Suk Kim
You Suk Kim Principal Economist Real Estate Finance
Research and Statistics
Photo of Elizabeth K. Kiser
Elizabeth K. Kiser Senior Associate Director Program Direction
Research and Statistics
Image of Board Seal
Yuriy Kitsul Chief Global Capital Markets
International Finance
Photo of Elizabeth C. Klee
Elizabeth C. Klee Senior Associate Director Program Direction
Financial Stability
Photo of Matthew T. Klepacz
Matthew T. Klepacz Principal Economist Trade and Quantitative Studies
International Finance
Photo of Anya V. Kleymenova
Anya V. Kleymenova Principal Economist Stress Testing
Supervision and Regulation
Photo of Benjamin Knox
Benjamin Knox Economist Global Monetary and Sovereign Markets
International Finance
Photo of Scott R. Konzem
Scott R. Konzem Senior Economic Modeler Monetary Studies
Monetary Affairs
Photo of Antonis Kotidis
Antonis Kotidis Senior Economist Macroprudential Policy Analysis
Financial Stability
Photo of John R. Krainer
John R. Krainer Manager Stress Testing
Supervision and Regulation
Photo of Jacob Krimmel
Jacob Krimmel Economist Microeconomic Surveys
Research and Statistics
Photo of Niklas Kroner
Niklas Kroner Economist Global Monetary and Sovereign Markets
International Finance
Photo of Robert J. Kurtzman
Robert J. Kurtzman Principal Economist Flow Of Funds
Research and Statistics
Photo of Christopher J. Kurz
Christopher J. Kurz Assistant Director / Chief Industrial Output
Research and Statistics
Photo of Seung Kwak
Seung Kwak Senior Economist Financial Intermediaries Analysis
Monetary Affairs

L
Image of Board Seal
Jean-Philippe Laforte Group Manager Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Jeff Larrimore
Jeff Larrimore Chief Consumer and Community Research
Consumer and Community Affairs
Photo of David E. Lebow
David E. Lebow Senior Associate Director Program Direction
Research and Statistics
Photo of Jeongmin "Mina" Lee
Jeongmin "Mina" Lee Senior Economist Systemic Financial Institutions
Research and Statistics
Photo of Seung Jung Lee
Seung Jung Lee Deputy Associate Director Program Direction
Financial Stability
Photo of Andreas Lehnert
Andreas Lehnert Director Program Direction
Financial Stability
Photo of Paul Lengermann
Paul Lengermann Assistant Director Program Direction
Research and Statistics
Photo of Antoine Lepetit
Antoine Lepetit Principal Economist Macroeconomic and Quantitative Studies
Research and Statistics
Image of Board Seal
Kurt F. Lewis Principal Economist Monetary Studies
Monetary Affairs
Photo of Logan T. Lewis
Logan T. Lewis Chief Trade and Quantitative Studies
International Finance
Photo of Canlin Li
Canlin Li Senior Economic Project Manager Global Monetary and Sovereign Markets
International Finance
Photo of Dan Li
Dan Li Assistant Director Program Direction
Monetary Affairs
Photo of Geng Li
Geng Li Assistant Director Program Direction
Research and Statistics
Photo of Gina Li
Gina Li Economist Microeconomic Surveys
Research and Statistics
Photo of Yi Li
Yi Li Principal Economist Short-Term Funding Markets
Research and Statistics
Image of Board Seal
Stephen F. Lin Principal Economist Household and Business Spending
Research and Statistics
Photo of Anna Lipinska
Anna Lipinska Group Manager Emerging Market Economies
International Finance
Image of Board Seal
Laura Lipscomb Deputy Associate Director Program Direction
Monetary Affairs
Photo of Edith X. Liu
Edith X. Liu Chief Monetary and Financial Market Analysis
Monetary Affairs
Image of Board Seal
Emily O. Liu Senior Financial Analyst Global Financial Flows
International Finance
Photo of May X. Liu
May X. Liu Senior Statistician Payment System Studies
Reserve Bank Operations and Payment Systems
Photo of Alicia Lloro
Alicia Lloro Principal Economist Consumer and Community Research
Consumer and Community Affairs
Photo of Juan M. Londono
Juan M. Londono Senior Economic Project Manager Program Direction
International Finance
Photo of J David Lopez-Salido
J David Lopez-Salido Senior Associate Director Program Direction
Monetary Affairs
Photo of Francesca Loria
Francesca Loria Principal Economist Macro-Financial Analysis
Monetary Affairs
Photo of Byron Lutz
Byron Lutz Deputy Associate Director Program Direction
Research and Statistics
Photo of David K. Lynch
David K. Lynch Deputy Associate Director Program Direction
Supervision and Regulation

M
Photo of Sai Ma
Sai Ma Senior Economist International Financial Stability
International Finance
Photo of Traci L. Mach
Traci L. Mach Principal Economist Flow of Funds
Research and Statistics
Photo of Enrico Mallucci
Enrico Mallucci Principal Economist International Financial Stability
International Finance
Image of Board Seal
Jesse Leigh Maniff Senior Fin Inst Policy Analyst II Digital Innovations Policy
Reserve Bank Operations and Payment Systems
Photo of Mark D. Manuszak
Mark D. Manuszak Deputy Associate Director Program Direction
Reserve Bank Operations and Payment Systems
Image of Board Seal
Francis A. Martinez Lead Fin Inst Policy Analyst Monetary Policy Operations and Analysis
Monetary Affairs
Photo of Jillian G. Mascelli
Jillian G. Mascelli Manager Technology Lab
Reserve Bank Operations and Payment Systems
Photo of David C. McArthur
David C. McArthur Senior Economist Trading and Capital Markets
Supervision and Regulation
Photo of Patrick E. McCabe
Patrick E. McCabe Deputy Associate Director Program Direction
Research and Statistics
Photo of Andrew H. McCallum
Andrew H. McCallum Principal Economist Global Financial Flows
International Finance
Photo of Andrew C. Meldrum
Andrew C. Meldrum Assistant Director Program Direction
Monetary Affairs
Image of Board Seal
Ellen A. Merry Principal Economist Consumer and Community Research
Consumer and Community Affairs
Photo of Todd E. Messer
Todd E. Messer Economist Global Financial Institutions
International Finance
Image of Board Seal
Alvaro Mezza Principal Economist Consumer Finance
Research and Statistics
Image of Board Seal
Marco Migueis Principal Economist Banking, Credit and Operational Risk
Supervision and Regulation
Photo of David S. Miller
David S. Miller Principal Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of David C. Mills
David C. Mills Senior Associate Director Program Direction
Reserve Bank Operations and Payment Systems
Photo of Robert J. Minton
Robert J. Minton Economist Prices and Wages
Research and Statistics
Photo of Carter B. Mix
Carter B. Mix Senior Economist Trade and Quantitative Studies
International Finance
Photo of Michele Modugno
Michele Modugno Chief Financial and Macroeconomic Stability Studies
Financial Stability
Photo of Raven Molloy
Raven Molloy Deputy Associate Director Program Direction
Research and Statistics
Photo of Phillip Monin
Phillip Monin Senior Economist Financial Intermediaries Analysis
Monetary Affairs
Photo of Anderson E. Monken
Anderson E. Monken Group Manager Integrated Technology Solutions
International Finance
Photo of Joshua K. Montes
Joshua K. Montes Principal Economist Labor Markets
Research and Statistics
Photo of Kevin B. Moore
Kevin B. Moore Assistant Director Program Direction
Research and Statistics
Image of Board Seal
Bernardo C. Morais Principal Economist Emerging Market Economies
International Finance
Photo of Camilo Morales-Jimenez
Camilo Morales-Jimenez Senior Economist Macroeconomic and Quantitative Studies
Research and Statistics
Photo of Patrick Moran
Patrick Moran Senior Economist Household and Business Spending
Research and Statistics
Photo of Juan M. Morelli
Juan M. Morelli Senior Economist Banking and Financial Analysis
Monetary Affairs
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Norman J. Morin Deputy Associate Director Program Direction
Research and Statistics
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Adele C. Morris Senior Adviser Program Direction
Financial Stability
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Erica L. Moszkowski Economist Real Estate Finance
Research and Statistics
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Seth M. Murray Senior Economist Labor Markets
Research and Statistics

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Gaston M. Navarro Principal Economist Trade and Financial Studies
International Finance
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Christopher J. Nekarda Principal Economist Labor Markets
Research and Statistics
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Edward Nelson Senior Adviser Program Direction
Monetary Affairs
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Travis D. Nesmith Assistant Director Quantitative Risk Analysis
Reserve Bank Operations and Payment Systems
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Borghan N. Narajabad Chief Systemic Financial Institutions and Markets
Research and Statistics
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Thien T. Nguyen Senior Economist Financial and Macroeconomic Stability Studies
Financial Stability
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Joseph B. Nichols Principal Economist Household and Business Spending
Research and Statistics
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Giovanni Nicolò Senior Economist Monetary Studies
Monetary Affairs
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Eric R. Nielsen Principal Economist Flow of Funds
Research and Statistics
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Friederike Niepmann Chief Global Financial Institutions
International Finance

O
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Marcelo Ochoa Principal Economist Monetary and Financial Market Analysis
Monetary Affairs
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Dong Hwan Oh Senior Economist Quantitative Risk Analysis
Reserve Bank Operations and Payment Systems
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Hyunseung Oh Principal Economist Advanced Foreign Economies
International Finance
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Scott W. Ohlmacher Senior Economist Industrial Output
Research and Statistics
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Musa Orak Principal Economist Advanced Foreign Economies
International Finance
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Jake D. Orchard Economist Prices and Wages
Research and Statistics
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Anna Orlik Principal Economist Monetary Studies
Monetary Affairs
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Julio L. Ortiz Economist Advanced Foreign Economies
International Finance
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Emilio Osambela Principal Economist Capital Markets
Research and Statistics

P
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Andrew D. Paciorek Chief Household and Business Spending
Research and Statistics
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Dino Palazzo Principal Economist Capital Markets
Research and Statistics
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Teodora Paligorova Principal Economist Financial Institution Risk Evaluation
Financial Stability
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Nathan M. Palmer Senior Economist Banking, Credit and Operational Risk
Supervision and Regulation
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Francisco Palomino Chief Capital Markets
Research and Statistics
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Michael G. Palumbo Senior Associate Director Program Direction
Research and Statistics
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Ahyan Panjwani Economist Macroprudential Policy Analysis
Financial Stability
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Nora M. Pankratz Economist Macroprudential Policy Analysis
Financial Stability
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Yang-Ho Park Principal Economist Risk Analysis
Research and Statistics
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Wayne Passmore Senior Adviser Program Direction
Research and Statistics
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Andrea Pastore

Assistant DirectorProgram Direction
International Finance
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Matthias O. Paustian Assistant Director Program Direction
Research and Statistics
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Karen M. Pence Deputy Associate Director Program Direction
Research and Statistics
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Ekaterina Peneva Assistant Director / Chief Prices and Wages
Research and Statistics
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Ander Perez-Orive Principal Economist Macro-Financial Analysis
Monetary Affairs
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Maria G. Perozek Chief Flow of Funds
Research and Statistics
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William B. Peterman Chief Fiscal Analysis
Research and Statistics
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Lubomir Petrasek Chief Financial Intermediaries Analysis
Monetary Affairs
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Damjan Pfajfar Group Manager Monetary Studies
Monetary Affairs
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Justin R. Pierce Chief Trade and Financial Studies
International Finance
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Eugénio Pinto Group Manager Household and Business Spending
Research and Statistics
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Valery Polkovnichenko Principal Economist Risk Analysis
Research and Statistics
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Ignacio Presno Principal Economist Global Modeling Studies
International Finance
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Charles D. Press Senior Quantitative Analyst II Supervision - Stress Testing
Supervision and Regulation
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Andrea Prestipino Senior Economist Global Modeling Studies
International Finance
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Brendan M. Price Senior Economist Labor Markets
Research and Statistics
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Marcel A. Priebsch Principal Economist Monetary and Financial Market Analysis
Monetary Affairs
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Todd A. Prono Principal Economist Quantitative Risk Analysis
Reserve Bank Operations and Payment Systems
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Zach W. Proom Data and Technology Analyst II Trade and Quantitative Studies
International Finance
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Michael V. Pykhtin Manager Trading and Capital Markets
Supervision and Regulation

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Albert Queralto Chief Global Modeling Studies
International Finance

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Carlos Ramírez Senior Economist Systemic Financial Institutions and Markets
Research and Statistics
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Ben Ranish Principal Economist Banking, Credit and Operational Risk
Supervision and Regulation
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Andreas C. Rapp Senior Economist Global Capital Markets
International Finance
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David E. Rappoport Principal Economist Macroprudential Policy Analysis
Financial Stability
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David D. Ratner Principal Economist Fiscal Analysis
Research and Statistics
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Nelson P. Rayl Quantitative Analyst Stress Testing
Supervision and Regulation
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Trevor A. Reeve Director Program Direction
Monetary Affairs
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Ricardo M. Reyes-Heroles Principal Economist Trade and Financial Studies
International Finance
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Marcelo Rezende Principal Economist Financial Structure
Research and Statistics
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Daniel R. Ringo Principal Economist Real Estate Finance
Research and Statistics
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Patrice T. Robitaille Principal Economist Emerging Market Economies
International Finance
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Marius Rodriguez Group Manager Monetary and Financial Market Analysis
Monetary Affairs
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Chase P. Ross Economist Macroprudential Policy Analysis
Financial Stability
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Sharon Y. Ross Economist Global Capital Markets
International Finance
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Gisela Rua Principal Economist Industrial Output
Research and Statistics
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Jeremy Rudd Senior Adviser Program Direction
Research and Statistics
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Doriana Ruffino Assistant Director Stress Testing
Supervision and Regulation
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Romina D. Ruprecht Economist Money Market Analysis
Monetary Affairs

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Erick Sager Senior Economist Macroeconomic and Quantitative Studies
Research and Statistics
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Mehrdad Samadi Principal Economist Global Capital Markets
International Finance
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Monica Valentina Sanz Advisor Program Direction
International Finance
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Robert F. Sarama Deputy Associate Director Stress Testing
Supervision and Regulation
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Zack Saravay Senior Fin Inst Policy Analyst I Financial Intermediaries Analysis
Monetary Affairs
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Francisca Sara-Zaror Economist Prices and Wages
Research and Statistics
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Cisil Sarisoy Senior Economist Global Monetary and Sovereign Markets
International Finance
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Tess C. Scharlemann Principal Economist Real Estate Finance
Research and Statistics
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Bernd Schlusche Principal Economist Money Market Analysis
Monetary Affairs
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Tim Schmidt-Eisenlohr Principal Economist Financial Institution Risk Evaluation
Financial Stability
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Andres Schneider Economist Financial and Macroeconomic Stability Studies
Financial Stability
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Immo Schott Senior Economist Global Modeling Studies
International Finance
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Mariel E. Schwartz Economist Labor Markets
Research and Statistics
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Krista Schwarz Principal Economist Money Market Analysis
Monetary Affairs
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Matthew P. Seay Lead Financial Analyst Financial Institution Risk Evaluation
Financial Stability
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Amber T. Seira Fin Inst Policy Analyst III Technology Lab
Reserve Bank Operations and Payment Systems
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Zeynep Senyuz Deputy Associate Director Program Direction
Monetary Affairs
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Young Hwa Seok Economist Stress Testing
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Steven A. Sharpe Senior Adviser Program Direction
Research and Statistics
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Shane M. Sherlund Associate Director Program Direction
Research and Statistics
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Gloria Sheu Group Manager Financial Structure
Research and Statistics
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Chaehee Shin Principal Economist Financial Stability Assessment
Financial Stability
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Soumitra Shukla Economist Emerging Market Economies
International Finance
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Michael Siemer Senior Economist Macroeconomic and Quantitative Studies
Research and Statistics
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André F. Silva Senior Economist Banking and Financial Analysis
Monetary Affairs
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Jae W. Sim Principal Economist Macroeconomic and Quantitative Studies
Research and Statistics
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Nitish R. Sinha Group Manager Capital Markets
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Arsenios Skaperdas Economist Money Market Analysis
Monetary Affairs
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Priyanka T. Slattery Senior Fin Inst Policy Analyst II Digital Innovations Policy
Reserve Bank Operations and Payment Systems
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Christopher L. Smith Principal Economist Labor Markets
Research and Statistics
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Paul A. Smith Deputy Associate Director Program Direction
Research and Statistics
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Simon C. Smith Senior Economist Prices and Wages
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Michael Smolyansky Principal Economist Capital Markets
Research and Statistics
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Oleg V. Sokolinskiy Senior Economist Monetary and Financial Market Analysis
Monetary Affairs
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Mariano A. Somale Senior Economist Trade and Quantitative Studies
International Finance
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Kamila Sommer Chief Consumer Finance
Research and Statistics
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Paul E. Soto Senior Economist Industrial Output
Research and Statistics
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Viktors Stebunovs Deputy Associate Director Program Direction
International Finance
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Irina Stefanescu Group Manager Flow of Funds
Research and Statistics
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Andrea Stella Principal Economist Current Macroeconomic Conditions
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John J. Stevens Senior Associate Director Program Direction
Research and Statistics
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Brad E. Strum Principal Economist Prices and Wages
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Gustavo A. Suarez Assistant Director Program Direction
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Michael Suher Senior Economist Banking, Credit and Operational Risk
Supervision and Regulation
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Nathan Swem Principal Economist Financial Stability Assessment
Financial Stability
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Pawel J. Szerszen Principal Economist Risk Analysis
Research and Statistics
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Balint Szoke Economist Macro-Financial Analysis
Monetary Affairs

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PJ Tabit Senior Fin Inst Policy Analyst II Digital Innovations Policy
Reserve Bank Operations and Payment Systems
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Alexandra M. Tabova Chief Global Financial Flows
International Finance
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Hiroatsu Tanaka Senior Economist Monetary and Financial Market Analysis
Monetary Affairs
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Charles S. Taragin Principal Economist Financial Structure
Research and Statistics
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Manjola Tase Principal Economist Money Market Analysis
Monetary Affairs
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Thiago R. T. Ferreira Group Manager Advanced Foreign Economies
International Finance
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Judit Temesvary Chief International Financial Stability
International Finance
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Ana-Maria K. Tenekedjieva Economist Flow of Funds
Research and Statistics
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Robert J. Tetlow Senior Adviser Program Direction
Monetary Affairs
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Stacey Tevlin Director Program Direction
Research and Statistics
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Mary Tian Group Manager Financial Intermediaries Analysis
Monetary Affairs
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Yannick Timmer Senior Economist Macro-Financial Analysis
Monetary Affairs
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Andreas Tischbirek Senior Economist Macroeconomic and Quantitative Studies
Research and Statistics
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Maria D. Tito Group Manager Industrial Output
Research and Statistics
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Anna E. Tranfaglia Business Analyst Consumer and Community Research
Consumer and Community Affairs
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William F. Treacy Adviser Program Direction
Supervision and Regulation
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Erin Troland Senior Economist Consumer and Community Research
Consumer and Community Affairs
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Nick Turner Principal Economist Fiscal Analysis
Research and Statistics
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Tugkan Tuzun Principal Economist Capital Markets
Research and Statistics

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Pinar Uysal Principal Economist Global Financial Institutions
International Finance

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Skander Van den Heuvel Associate Director Program Direction
Financial Stability
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Eva Van Leemput Chief Emerging Market Economies
International Finance
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Eileen van Straelen Senior Economist Real Estate Finance
Research and Statistics
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Alexandros Vardoulakis Chief Macroprudential Policy Analysis
Financial Stability
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Francisco Vazquez-Grande Group Manager Macro-Financial Analysis
Monetary Affairs
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Clara Vega Assistant Director Program Direction
Research and Statistics
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Stéphane Verani Principal Economist Systemic Financial Institutions and Markets
Research and Statistics
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Ivan Vidangos Chief Labor Markets
Research and Statistics
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Diego Vilán Senior Economist Macroeconomic and Quantitative Studies
Research and Statistics
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Sergio Villalvazo Economist Financial and Macroeconomic Stability Studies
Financial Stability
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Daniel Villar Senior Economist Prices and Wages
Research and Statistics
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Daniel J. Vine Principal Economist Prices and Wages
Research and Statistics
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Annette Vissing-Jorgensen Senior Adviser Program Direction
Monetary Affairs
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Cindy M. Vojtech Chief Financial Institution Risk Evaluation
Financial Stability
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Alice Henriques Volz Chief Microeconomic Surveys
Research and Statistics
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Bastian von Beschwitz Chief Global Monetary and Sovereign Markets
International Finance

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Ashley Wang Chief Short-Term Funding Markets
Research and Statistics
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James Wang Principal Economist Stress Testing
Supervision and Regulation
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Jessie Wang Senior Economist Banking and Financial Analysis
Monetary Affairs
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Ke Wang Principal Economist Banking, Credit and Operational Risk
Supervision and Regulation
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Teng Wang Principal Economist Stress Testing
Supervision and Regulation
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Missaka Warusawitharana Manager Policy Effectiveness and Assessment
Supervision and Regulation
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William L. Wascher Deputy Director Program Direction
Research and Statistics
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Cy H. Watsky Fin Inst Policy Analyst I Technology Lab
Reserve Bank Operations and Payment Systems
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Douglas A. Webber Senior Economist Consumer and Community Research
Consumer and Community Affairs
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Min Wei Senior Associate Director Program Direction
Monetary Affairs
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Joakim Weill Economist Household and Business Spending
Research and Statistics
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Colin R. Weiss Principal Economist Global Financial Flows
International Finance
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Kirstin E. Wells Principal Economist FedNow Oversight Coordination and Strategy
Reserve Bank Operations and Payment Systems
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Jacob M. Williams Data and Technology Analyst III Global Monetary and Sovereign Markets
International Finance
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Beth Anne Wilson Director Program Direction
International Finance
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Fabian Winkler Principal Economist Monetary Studies
Monetary Affairs
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Carlo E. Wix Senior Economist Banking and Financial Analysis
Monetary Affairs
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Isabella M. Wolfskeil Economist International Financial Stability
International Finance
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Paul R. Wood Senior Associate Director Program Direction
International Finance
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Krzysztof P. Wozniak Section Chief Payment System Studies
Reserve Bank Operations and Payment Systems

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Ines M. Xavier Economist Macro-Financial Analysis
Monetary Affairs

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Ram S. Yamarthy Senior Economist Capital Markets
Research and Statistics
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Choongryul Yang Economist Prices and Wages
Research and Statistics
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Jie Yang Group Manager Capital Markets
Research and Statistics
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Vladimir L. Yankov Senior Economist Financial Institution Risk Evaluation
Financial Stability
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Emre Yoldas Deputy Associate Director Program Direction
International Finance
Photo of Youngsuk Yook
Youngsuk Yook Principal Economist Flow of Funds
Research and Statistics

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Mike Zabek Senior Economist Consumer and Community Research
Consumer and Community Affairs
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Rebecca Zarutskie Deputy Associate Director Program Direction
Monetary Affairs
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David L. Zeke Senior Economist Capital Markets
Research and Statistics
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Ilknur Zer Principal Economist Global Financial Institutions
International Finance
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Tony Zhang Senior Economist Global Monetary and Sovereign Markets
International Finance
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Molin Zhong Principal Economist Financial and Macroeconomic Stability Studies
Financial Stability
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Filip Zikes Principal Economist Financial Stability Assessment
Financial Stability
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Andrei Zlate Group Manager Banking and Financial Analysis
Monetary Affairs
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Sarah Zoi Economist Financial and Macroeconomic Stability Studies
Financial Stability
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Last Update: February 22, 2024