Photo of Min Wei

Min Wei

Senior Associate Director Program Direction Section Monetary Affairs
202-736-5619
min.wei@frb.gov

Education

  • Ph.D., Finance, Columbia Business School, 2004
  • M.A., Economics, State University of New York - Stony Brook, 1999
  • B.A., Finance, Fudan University (China), 1996
Current Research Topics
  • Term Structure of Interest Rates
  • Macro-Finance
  • Senior Associate Director

    Board of Governors of the Federal Reserve System

    2021 - present
  • Associate Director

    Board of Governors of the Federal Reserve System

    2018 - 2021
  • Deputy Associate Director

    Board of Governors of the Federal Reserve System

    2015 - 2018
  • Visiting Lecturer

    Princeton University

    2014 - 2016
  • Assistant Director

    Board of Governors of the Federal Reserve System

    2012 - 2015
  • Chief, Monetary & Financial Market Analysis

    Board of Governors of the Federal Reserve System

    2010 - 2012
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2009 - 2010
  • Visiting Assistant Professor of Finance

    Kenan-Flagler Business School, University of North Carolina - Chapel Hill

    2006
  • Economist

    Board of Governors of the Federal Reserve System

    2004 - 2009
  • Inflation Disagreement Weakens the Power of Monetary Policy
    Ding Dong, Zheng Liu, Pengfei Wang, and Min Wei
    Finance and Economics Discussion Series (2024)
    https://doi.org/10.17016/FEDS.2024.094
  • Macroeconomic Effects of Large-Scale Asset Purchases: New Evidence
    Kyungmin Kim, Thomas Laubach, and Min Wei
    Finance and Economics Discussion Series (2023)
    https://doi.org/10.17016/FEDS.2020.047r1
  • Why Does the Yield Curve Predict GDP Growth? The Role of Banks
    Camelia Minoiu, Andres Schneider, and Min Wei
    Finance and Economics Discussion Series (2023)
    https://doi.org/10.17016/FEDS.2023.049
  • What Drove Recent Trends in Corporate Bonds and Loans Usage?
    Jacob Bochner, Min Wei, and Jie Yang
    FEDS Notes (2020)
    https://doi.org/10.17016/2380-7172.2789
  • Measuring the Natural Rate of Interest: The Role of Inflation Expectations
    David Lopez-Salido, Gerardo Sanz-Maldonado, Carly Schippits, and Min Wei
    FEDS Notes (2020)
    https://doi.org/10.17016/2380-7172.2593
  • Flights to Safety
    Lieven Baele, Geert Bekaert, Koen Inghelbrecht, and Min Wei
    Review of Financial Studies (2020)
    https://doi.org/10.1093/rfs/hhz055
    See also » FRB Working Paper (2014)
  • Tips from TIPS: Update and Discussions
    Don Kim, Cait Walsh, and Min Wei
    FEDS Notes (2019)
    https://doi.org/10.17016/2380-7172.2355
  • Tips from TIPS: The Informational Content of Treasury Inflation-Protected Security Prices
    Stefania D'Amico, Don H. Kim, and Min Wei
    Journal of Financial and Quantitative Analysis (2018)
    https://doi.org/10.1017/S0022109017000916
    See also » FRB Working Paper (2008)
  • Expectations about the Federal Reserve's Balance Sheet and the Term Structure of Interest Rates
    Jane Ihrig, Elizabeth Klee, Canlin Li, Min Wei, and Joe Kachovec
    International Journal of Central Banking (2018)
    See also » FRB Working Paper (2012)
  • Projected Evolution of the SOMA Portfolio and the 10-Year Treasury Term Premium Effect
    Brian Bonis, Jane Ihrig, and Min Wei
    FEDS Notes (2017)
    https://doi.org/10.17016/2380-7172.2081
  • The Effect of the Federal Reserve’s Securities Holdings on Longer-Term Interest Rates
    Brian Bonis, Jane Ihrig, and Min Wei
    FEDS Notes (2017)
    https://doi.org/10.17016/2380-7172.1977
  • Macroeconomic Sources of Recent Interest Rate Fluctuations
    Stefania D'Amico, Thomas B. King, and Min Wei
    FEDS Notes (2016)
    https://doi.org/10.17016/2380-7172.1777
  • Term Structure Modeling with Supply Factors and the Federal Reserve's Large-Scale Asset Purchase Programs
    Canlin Li and Min Wei
    International Journal of Central Banking (2013)
    See also » FRB Working Paper (2014)
  • Reverse Regressions and Long-Horizon Forecasting
    Min Wei and Jonathan Wright
    Journal of Applied Econometrics (2013)
    https://doi.org/10.1002/jae.1274
  • Evolving Macroeconomic Perceptions and the Term Structure of Interest Rates
    Athanasios Orphanides and Min Wei
    Journal of Economic Dynamics & Control (2012)
    https://doi.org/10.1016/j.jedc.2011.08.011
    See also » FRB Working Paper (2010)
  • The Term Structure of Real Rates and Expected Inflation
    Andrew Ang, Geert Bekaert, and Min Wei
    Journal of Finance (2008)
    https://doi.org/10.1111/j.1540-6261.2008.01332.x
  • Uncovered Interest Rate Parity and the Term Structure
    Geert Bekaert, Min Wei, and Yuhang Xing
    Journal of International Money and Finance (2007)
    https://doi.org/10.1016/j.jimonfin.2007.05.004
  • Do Macro Variables, Asset Markets, or Surveys Forecast Inflation Better?
    Andrew Ang, Geert Bekaert, and Min Wei
    Journal of Monetary Economics (2007)
    https://doi.org/10.1016/j.jmoneco.2006.04.006
    See also » FRB Working Paper (2006)
  • What Does the Yield Curve Tell Us About GDP Growth?
    Andrew Ang, Monika Piazzesi, and Min Wei
    Journal of Econometrics (2006)
    https://doi.org/10.1016/j.jeconom.2005.01.032
Last Update: February 3, 2025