About Economic Research

The Economic Research Department conducts research on a wide range of topics in support of the Federal Reserve Bank’s policy and public outreach functions. It is organized into five broad sections: macroeconomic and microeconomic research; international research; financial research; risk modelling research and bank surveillance; and research communications. The staff include 25 PhD economists, 6 economic analysts, and 14 research associates who are recent graduates from colleges across the country. Additional staff provide support of information technology, copy editing, administrative, and archival services.

As a way to further its research mission, the department has an active visitor program and is host to the Center for Pacific Basin Studies. The Center seeks to promote cooperation among central banks in the Pacific Basin and provide insight into and analysis of economic policy issues affecting the region.


Glenn D. Rudebusch
Executive Vice President and Director of Research

Mary C. Daly
Senior Vice President and Associate Director of Research

Frederick T. Furlong
Group Vice President, Financial Markets and Institutions Research

Reuven Glick
Group Vice President, International Research

Òscar Jordà
Vice President, Microeconomic and Macroeconomic Research

Jose A. Lopez
Vice President, Risk Modeling Research and Bank Surveillance

Mark M. Spiegel
Vice President, International Research

Robert Valletta
Vice President, Research Communications