Fed taps Tevlin to head research/statistics department

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Stacey M. Tevlin, an associate director of the Federal Reserve Board’s Division of Research and Statistics, will be promoted to director effective Feb. 4, the Fed announced Friday.

Tevlin succeeds David W. Wilcox, who recently retired as director of the division after 30 years of service with the Fed.

Federal Reserve building in Washington, D.C.
The Marriner S. Eccles Federal Reserve building stands in Washington, D.C., U.S., on Tuesday, Oct. 23, 2012. Federal Reserve Chairman Ben S. Bernanke, who is seeking to spur the economy with a third round of so-called quantitative easing, has said his stimulus works by lowering borrowing costs and encouraging investors to seek higher-yielding assets. Photographer: Andrew Harrer/Bloomberg
Andrew Harrer/Bloomberg

“Tevlin will oversee economic analysis, forecasting, and research related to the domestic economy and financial markets, several major economic measurement programs such as Industrial Production and the Survey of Consumer Finances, and research and analysis in support of the Federal Reserve’s financial stability, supervision, and regulatory activities,” according to a press release. “She will also be responsible for briefing the Federal Open Market Committee on the outlook for the U.S. economy.”

“Stacey brings many years of leadership and research experience, a keen understanding of the U.S. economy, and extensive public service at the Federal Reserve to the position of division director,” said Federal Reserve Board Chairman Jerome H. Powell in a release.

Tevlin joined the Board in 1995.

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