Full-Time

Economist/Senior Economist/Economic Advisor

Macroeconomics

Updated on 12/19/2024

The Federal Reserve System

The Federal Reserve System

1,001-5,000 employees

Central bank managing U.S. monetary policy

Fintech
Financial Services

Senior

H1B Sponsorship Available

Chicago, IL, USA

Hybrid position requiring a minimum of three days per week in office.

US Citizenship Required

Category
Financial Consulting
Consulting
Required Skills
Data Analysis
Requirements
  • at least 3 years of experience in an academic or similar research setting
  • strong publication record in economics journals
  • Excellent communication skills
Responsibilities
  • conduct independent research that is published in leading academic journals
  • provide in-depth analysis for Bank policy briefings
  • contribute to the mission of the Bank
The Federal Reserve System

The Federal Reserve System

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The Federal Reserve System serves as the central bank of the United States, playing a crucial role in shaping the nation's economy and financial stability. It formulates national monetary policy, which involves managing interest rates and money supply to promote economic growth and control inflation. Additionally, the Federal Reserve supervises and regulates banks and bank holding companies to ensure a safe and sound banking system. It also provides financial services to banks and the U.S. government. What sets the Federal Reserve apart from other financial institutions is its unique position as a government entity that operates independently to achieve its economic goals. The primary goal of the Federal Reserve is to foster a strong economy and maintain a stable financial system, which ultimately benefits the public.

Company Stage

N/A

Total Funding

N/A

Headquarters

null, null

Founded

1913

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased focus on digital currency could enhance regulatory capabilities and financial integration.
  • The Fed's bank stress tests show strong capital positions, indicating a resilient banking sector.
  • Basel III Endgame reproposal may lead to more robust capital requirements, enhancing stability.

What critics are saying

  • Regulatory scrutiny on Texas banks may affect the Fed's reputation and operational focus.
  • Slow adoption of FedNow due to outdated tech could hinder payment ecosystem modernization.
  • Interest on Excess Reserves could lead to unintended consequences in monetary policy.

What makes The Federal Reserve System unique

  • The Federal Reserve is the central bank of the United States, a unique position.
  • It plays a crucial role in formulating national monetary policy and regulating banks.
  • The FedNow system marks a significant step in modernizing U.S. payment infrastructure.

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