Fed taps veteran economist, researcher to head up economic analysis, brief rate-setters

Overseeing economic analysis, forecasting, and research related to the domestic economy and financial markets – and briefing the committee that considers interest-rate adjustments – will be the role of Stacy M. Tevlin as the new director of the Federal Reserve’s Division of Research and Statistics, the agency said Friday.

Tevlin, now an associate director of the division, will succeed David W. Wilcox when she takes over her new role Feb. 4. Wilcox recently retired after 30 years with the agency, the Fed said.

In addition to analysis, forecasting and research, the Fed said, Tevlin will oversee such Fed economic measurement programs as Industrial Production and the Survey of Consumer Finances. She will also brief the rate-setting Federal Open Market Committee (FOMC) on the outlook for the nation’s economy.

A 23-year veteran as an economist and researcher at the Federal Reserve, she served as adviser to then-Vice Chairman Stanley Fischer from 2014-16. Her research, the Fed said, has focused on business investment and the macro economy.

Tevlin earned a B.A. in economics from Northwestern University in 1990 and a Ph.D. in economics from the Massachusetts Institute of Technology in 1995.

Federal Reserve Board appoints Stacey M. Tevlin as director of the Division of Research and Statistics