WASHINGTON, D.C. — Christopher Waller, executive vice president, and research director at the Federal Reserve Bank of St. Louis has been confirmed by the U.S. Senate as Federal Reserve governor. The Federal Reserve System comprises the Board of Governors along with 12 independent Reserve banks across the country. Waller will fill a currently unexpired term ending Jan. 31, 2030.
Waller taught economics for nearly 25 years before joining the St. Louis Fed in 2009. He holds a Ph.D. in economics from Washington State University, has taught at the University of Notre Dame, the University of Kentucky, and Indiana University. From 1998-2003, Waller was a professor of economics and the Carol Martin Gatton Chair of Macroeconomics and Monetary Economics at the Gatton College of Business and Economics at the University of Kentucky.
In his new position, Waller will serve as a full-time member of the Federal Open Market Committee, which also consists of the other six Board governors, the president of the New York Fed, and a rotating group of presidents from the other regional Federal Reserve Banks. He will transition from advising on and informing monetary policy to being part of the group that sets it.