Macro Musings with David Beckworth cover image

David Wilcox on the Debt Ceiling Crisis and the Crippling Costs of Default

Macro Musings with David Beckworth

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The Division of Reports and Statistics and Analysis and Research

Bob Greene was at the Federal Reserve's Division of Research and Statistics for many years. The division is better known as the Division of Domestic Economics, he says. There are two other economics divisions at the board: Monetary Affairs and Financial Stability. They're there to monitor the financial system from a macroprudential perspective,. He says they assess the buildup of financial risk that might pose a threat to financial stability in U.S. markets or institutions.

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