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:

Research and Statistics

The Division of Research and Statistics is responsible for developing and presenting economic and financial data and analysis for the use of the Board, the Federal Open Market Committee, and other Federal Reserve System officials. This information serves as background for the formulation and conduct of monetary, regulatory, and supervisory policies. In addition, the division fosters a broader understanding of issues relating to economic policy by providing leadership in economic and statistical research and by supplying data and analyses for public release.

Section:
Program Direction

Program Direction mobilizes available resources to accomplish the division's mission. The official staff in Program Direction are responsible for identifying the needs of System policymakers, shaping objectives and plans to meet those needs, and implementing the division's program either through their own professional efforts or by guiding or directing the work of others. They are responsible for ensuring the quality and timeliness of written material and oral presentations to the Board and the FOMC, and for providing leadership and oversight in the other statistical, research, and current analysis activities of the division. In addition to their responsibilities for management and administration within the division, they participate in Board and System management and oversight committees and represent the Federal Reserve in external fora, including interagency groups and international organizations.

A
Photo of Stephanie R. Aaronson
Stephanie R. Aaronson Assistant Director Program Direction
Research and Statistics

C
Photo of Daniel M. Covitz
Daniel M. Covitz Deputy Director Program Direction
Research and Statistics

D
Photo of Burcu Duygan-Bump
Burcu Duygan-Bump Assistant Director Program Direction
Research and Statistics

E
Photo of Eric M. Engen
Eric M. Engen Senior Associate Director Program Direction
Research and Statistics
Photo of Eric C. Engstrom
Eric C. Engstrom Adviser Program Direction
Research and Statistics

F
Photo of Glenn R. Follette
Glenn R. Follette Assistant Director Program Direction
Research and Statistics

G
Photo of Joshua Gallin
Joshua Gallin Deputy Associate Director Program Direction
Research and Statistics

H
Photo of Song Han
Song Han Assistant Director Short-Term Funding Markets
Research and Statistics
Photo of Diana Hancock
Diana Hancock Senior Associate Director Program Direction
Research and Statistics
Photo of Erik A. Heitfield
Erik A. Heitfield Assistant Director Program Direction
Research and Statistics

K
Photo of Elizabeth K. Kiser
Elizabeth K. Kiser Associate Director Program Direction
Research and Statistics

L
Photo of David E. Lebow
David E. Lebow Senior Associate Director Program Direction
Research and Statistics

M
Photo of Patrick E. McCabe
Patrick E. McCabe Adviser Program Direction
Research and Statistics
Photo of Norman J. Morin
Norman J. Morin Assistant Director Industrial Output
Research and Statistics

P
Photo of Michael G. Palumbo
Michael G. Palumbo Senior Associate Director Program Direction
Research and Statistics
Photo of Wayne Passmore
Wayne Passmore Senior Adviser Program Direction
Research and Statistics
Photo of Karen M. Pence
Karen M. Pence Adviser Program Direction
Research and Statistics
Image of Board Seal
Robin Prager Senior Adviser Program Direction
Research and Statistics

R
Photo of John M. Roberts
John M. Roberts Assistant Director Program Direction
Research and Statistics
Image of Board Seal
Jeremy Rudd Senior Adviser Program Direction
Research and Statistics

S
Photo of John Sabelhaus
John Sabelhaus Assistant Director Program Direction
Research and Statistics
Photo of Steven A. Sharpe
Steven A. Sharpe Deputy Associate Director Program Direction
Research and Statistics
Photo of Shane M. Sherlund
Shane M. Sherlund Assistant Director Program Direction
Research and Statistics
Photo of Paul A. Smith
Paul A. Smith Assistant Director Program Direction
Research and Statistics
Photo of John J. Stevens
John J. Stevens Associate Director Program Direction
Research and Statistics

W
Photo of William L. Wascher
William L. Wascher Deputy Director Program Direction
Research and Statistics
Photo of David W. Wilcox
David W. Wilcox Director Program Direction
Research and Statistics
Last update: April 24, 2017