RICHMOND, Va., Feb. 10 /PRNewswire-USNewswire/ -- The Federal Reserve Bank of Richmond has hired Ann Battle Macheras as vice president of the regional division of the Research Department, which is based in Richmond. As of Feb. 17, 2009, Macheras will oversee a professional staff engaged in research and analysis of regional economic conditions, advise Bank leaders in this area and support regional outreach efforts.
"I feel very fortunate to join a team that I know to be exceptionally dedicated and talented," said Macheras, currently senior economist at the Virginia Economic Development Partnership. "I look forward to the challenges and new opportunities at the Fed."
Director of Research John Weinberg said the position is important to the Bank's strength in recognizing regional economic trends, as well as influencing public understanding of the Bank's work on behalf of America's economy. "The vice president for our regional economics unit provides leadership to our efforts both to learn about the economy in our region and to share our economic analyses and insights across the Fifth Federal Reserve District," Weinberg explained. "Ann's experience and accomplishments as a regional economist make her well suited to play this role."
In addition to working for the Commonwealth of Virginia, Macheras previously worked in the private sector for Chmura Economics & Analytics and SunTrust Bank. Through the years she has remained active in the Virginia Association of Economists and the Richmond Association for Business Economists.
A graduate of Georgetown University in Washington, D.C., Macheras earned her doctorate from the University of North Carolina at Chapel Hill.
Macheras is married and has two sons, David and Jeremy Sternlicht.
The Federal Reserve Bank of Richmond is one of 12 District Reserve Banks that together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. The Richmond Fed serves the Fifth Federal Reserve District, which encompasses the District of Columbia, Maryland, North Carolina, South Carolina, Virginia and most of West Virginia.
