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  1. 202-452-2448. michael.t.kiley@frb.gov. Education. Ph.D., Economics, University of Maryland, 1996. M.A., Economics, University of Maryland, 1993. B.A., Economics, University of Delaware, 1991. Macroeconomics. Monetary Economics. Econometrics and Statistics. Current Research Topics. Financial Stability and Monetary Policy. Inflation.

  2. Apr 8, 2022 · Anchored or Not: A Short Summary of a Bayesian Approach to the Persistence of Inflation. Michael T. Kiley 1. Highlights. Inflation was low and stable in the United States during the first two decades of the 21st century and jumped out of its stable range in 2021.

  3. Michael T. Kiley* . Version 7 . July 24, 2021 . Abstract. How will climate change affect risks to economic activity? Research on climate impacts has tended to focus on effects on the average level of economic growth.

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  5. Jan 1, 2021 · Deputy Director, Financial Stability at Federal Reserve Board · Economist and leader with more than 20 years experience in monetary policy, forecasting, macroeconomics, and financial stability ...

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  6. Mapping heat in the US financial system. D Aikman, M Kiley, SJ Lee, MG Palumbo, M Warusawitharana. Journal of Banking & Finance 81, 36-64. , 2017. 106. 2017. The response of equity prices to movements in long‐term interest rates associated with monetary policy statements: Before and after the zero lower bound.

  7. Michael T. Kiley. Home. I am an economist at the Federal Reserve Board. This site contains links to my CV and pages focused on subsets of my research. Other sites where my work can be found...

  8. Michael T. Kiley. Deputy Director, Financial Stability Program – Board of Governors of the Federal Reserve System.

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