William C. Dudley
William C. Dudley was the 10th President and CEO of the Federal Reserve Bank of New York from January 2009 to June 2018 . In this position, he also held the office of the incumbent Vice President and permanent member of the Federal Open Market Committee (FOMC) , the group that formulates national monetary policy.
Dudley was previously Vice President of the Market Group at the Federal Reserve Bank of New York, where he also ran the Open Market Account system . This group oversees the domestic open market and foreign exchange market transactions of other central banks .
Before joining the New York Fed in 2007, he was a partner and managing director at Goldman Sachs and its chief US economist for a decade. At the beginning of his career at Goldman Sachs he held various positions (including being responsible for currency forecasts). Prior to joining Goldman Sachs in 1986, he was Vice President of the former Morgan Guaranty Trust Company . From 1981 to 1983 he was an economist on the Federal Reserve Board.
In November 2017, the New York Fed announced that William Dudley would step down from his post early in 2018 and retire. He is succeeded by John C. Williams, head of the Federal Reserve Bank of San Francisco.
He was a member of the Congressional Budget Office's technical advisory group from 1999 to 2005
In 1974 he received a Bachelor of Arts from New College in Sarasota, Florida. Dudley received his PhD in economics from the University of California, Berkeley in 1982.
He currently resides in New Jersey with his wife, Ann E. Darby .
Web links
Footnotes
- ↑ https://www.newyorkfed.org/newsevents/news/aboutthefed/2017/oa171106
- ↑ https://www.newyorkfed.org/newsevents/news/aboutthefed/2018/oa180403
| personal data | |
|---|---|
| SURNAME | Dudley, William C. |
| BRIEF DESCRIPTION | President and CEO of the Federal Reserve Bank of New York |
| DATE OF BIRTH | 20th century |