Meet the Researchers
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.
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.
Program Direction
Program Direction facilitates staff efforts to carry out the Division's mission by setting objectives, allocating resources, and coordinating and overseeing the Division's work. In addition, official staff in Program Direction support the Board and the FOMC by preparing research and analysis on a wide range of monetary policy issues, by directing the FOMC Secretariat, by acting as a liaison with the Open Market Desk at the Federal Reserve Bank of New York in connection with open market operations and implementation of monetary policy, and by contributing to Board efforts surrounding supervision, regulation, and financial stability. Program Direction staff also participate on Board & System oversight committees and represent the Federal Reserve on international and domestic interagency working groups.
![Image of Board Seal](/econres/images/no-pic-seal-large_rdax_75x86.png)
Monetary Affairs
![Photo of David Bowman](/econres/images/david-bowman_rdax_75x86s.jpg)
Monetary Affairs
![Photo of Mark A. Carlson](/econres/images/mark-a-carlson_rdax_75x86s.jpg)
Monetary Affairs
![Image of Board Seal](/econres/images/no-pic-seal-large_rdax_75x86.png)
Monetary Affairs
![Photo of Margaret DeBoer](/econres/images/margaret-deboer_rdax_75x86p.jpg)
Monetary Affairs
![Photo of Rochelle M. Edge](/econres/images/rochelle-m-edge_rdax_75x86s.jpg)
Monetary Affairs
![Photo of Eric C. Engstrom](/econres/images/eric-c-engstrom_rdax_75x86s.jpg)
Monetary Affairs
![Photo of Giovanni Favara](/econres/images/giovanni-favara_rdax_75x86s.jpg)
Monetary Affairs
![Photo of Joshua Gallin](/econres/images/joshua-gallin_rdax_69x86s.jpg)
Monetary Affairs
![Photo of Christopher J. Gust](/econres/images/christopher-j-gust_rdax_75x86s.jpg)
Monetary Affairs
![Photo of Jane E. Ihrig](/econres/images/jane-e-ihrig_rdax_75x86p.jpg)
Monetary Affairs
![Photo of Benjamin K. Johannsen](/econres/images/benjamin-k-johannsen_rdax_75x86s.jpg)
Monetary Affairs
![Photo of Don H. Kim](/econres/images/don-h-kim_rdax_75x86p.jpg)
Monetary Affairs
![Photo of Dan Li](/econres/images/dan-li_rdax_75x86s.jpg)
Monetary Affairs
![Image of Board Seal](/econres/images/no-pic-seal-large_rdax_75x86.png)
Monetary Affairs
![Photo of J David Lopez-Salido](/econres/images/j-david-lopez-salido_rdax_75x86s.jpg)
Monetary Affairs
![Photo of Andrew C. Meldrum](/econres/images/andrew-c-meldrum_rdax_75x86s.jpg)
Monetary Affairs
![Photo of Edward Nelson](/econres/images/edward-nelson_rdax_75x86s.jpg)
Monetary Affairs
![Photo of Trevor A. Reeve](/econres/images/trevor-a-reeve_rdax_75x86s.jpg)
Monetary Affairs
![Photo of Zeynep Senyuz](/econres/images/zeynep-senyuz_rdax_75x86s.jpg)
Monetary Affairs
![Photo of Robert J. Tetlow](/econres/images/robert-j-tetlow_rdax_75x86s.jpg)
Monetary Affairs
![Image of Board Seal](/econres/images/no-pic-seal-large_rdax_75x86.png)
Monetary Affairs
![Photo of Min Wei](/econres/images/min-wei_rdax_75x86s.jpg)
Monetary Affairs
![Photo of Rebecca Zarutskie](/econres/images/rebecca-zarutskie_rdax_75x86s.jpg)
Monetary Affairs