NEW YORK – The Federal Reserve Bank of New York announced today the appointment of Kartik B. Athreya as the new director of research and head of the Research & Statistics Group. Athreya, who is currently serving as executive vice president and director of research at the Federal Reserve Bank of Richmond, will take up his new role in February 2024 and join the Executive Committee.
Athreya has built a notable career over two decades with the Federal Reserve System. His leadership at the Richmond Fed has been marked by significant contributions, including the establishment of the Center for Advancing Women in Economics and steering the bank through pandemic-related challenges. His regional analysis work and community outreach have been particularly commended by John C. Williams, president of the New York Fed.
As he prepares to transition to his new position, Athreya is recognized for his expertise in macroeconomics and household finance. He has provided valuable advice on monetary policy, banking, and financial markets during his tenure. His appointment is a strategic move for the New York Fed as it continues to navigate complex economic landscapes.
Athreya’s goals include conducting groundbreaking research and guiding monetary policy formulation while promoting tools like the Economic Research Tracker. He aims to draw upon his experience to enhance economic understanding and contribute to effective policy-making at the New York Fed. Williams expressed confidence in Athreya’s inspiring leadership style and looks forward to his contribution to the bank’s executive team.
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