The Research department studies economic issues at the local and national levels and publishes their findings. While the department specializes in inflation, the general responsibilities of the department include
- Studies the economy by analyzing economic issues and publishing findings
- Collects information from businesses to understand the conditions of our district
- Creates models and datasets to measure the performance of the economy
- Supports our Bank’s president when they vote to set monetary policy with the Federal Open Market Committee
The department is made up of academic economists, research analysts, librarians, and other administrative staff who typically have backgrounds or degrees in economics, statistics, and library science. The department is organized by research specialties including macroeconomic policy and forecasting, microeconomics, banking and finance, regional analysis, and economic inclusion.