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Longtime Dallas Fed research director and nationally known economist Harvey Rosenblum to retire

For immediate release: August 12, 2013

DALLAS—The Federal Reserve Bank of Dallas today announced that long-time research director and executive vice president Harvey Rosenblum will retire from the bank on October 31, following 43 years of service to the Federal Reserve.

Rosenblum, a nationally recognized economist, serves as the primary monetary policy advisor to Dallas Fed president Richard W. Fisher.

“Harvey is one of the most highly regarded economists in the nation, having served as president of the National Association for Business Economics and as executive director of the International Banking, Economics and Finance Association,” Fisher said. “If you tabulate all of the Federal Open Market Committee meetings Harvey has attended before I joined the bank and since, he has attended more FOMC deliberations than any active participant, besting the runner-up by 75 meetings.”

Rosenblum began his career with the Federal Reserve in 1970 as an economist with the Federal Reserve Bank of Chicago. Except for a few years in academia and in the private sector, he has been at the Federal Reserve since, advancing through the ranks to vice president and associate director of research in Chicago. He joined the Dallas Fed as senior vice president and director of research in 1985 and was promoted to executive vice president in 2005.

His work has been widely published, including in The Journal of Finance, The New York Times, The Wall Street Journal, the Handbook of Banking Strategy and numerous Dallas Fed publications.

“Throughout his career, Harvey has been known for bringing sound economic thinking to public policy issues affecting our nation’s economy and arguing passionately for effective policy solutions,” Fisher said. “Notable among these are his widely praised and effective advocacy for passage of the North American Free Trade Agreement in the 1990s and his recent work on the too-big-to-fail issue.”

Rosenblum will relinquish the position of director of research effective September 1 and serve as senior advisor until October 31.

See related news release: Dallas Fed Names New Chief Monetary Policy Advisor; New Director of Economic Research

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Media contact:
James Hoard
Federal Reserve Bank of Dallas
Phone: 214-922-5307
Email: James.Hoard@dal.frb.org