Federal Reserve Board of Governors

By Miriam Wasserman At a time when the U.S. economy is facing the highest inflation in 40 years, two former Ford School deans have a vote on the 12-person committee in charge of steering U.S. monetary policy. Michael Barr will have a vote on the...

As the U.S. confronts historic inflation, the Federal Open Market Committee (FOMC) announced an interest rate hike of 75 basis points on July 27, for a second straight meeting, which is the most aggressive tightening since the 1980s, when Fed Chair...

Fears of inflation and recession, the Fed interest rate hike, and the underlying causes, have been at the top of the news for several weeks. Ford School economics professors Betsey Stevenson and Justin Wolfers have been highly sought-after for their...

Ford School Dean Michael S. Barr testified before the Senate Banking, Housing & Urban Affairs Committee at his nomination hearing for the position of Vice Chairman For Supervision on the Board of Governors of the Federal Reserve. President Biden...

Betsey Stevenson, professor of public policy and economics, recently penned an op-ed in The Hill calling for Senate Republicans to confirm President Biden’s Federal Reserve nominees. “With inflation levels at a 40-year high and the conflict in...

President Obama said Monday he’ll nominate University of Michigan professor Kathryn Dominguez to serve on the Board of Governors of the Federal Reserve System.Dominguez is professor of public policy and economics at U-M and research associate at the...