Joseph (Joe) Gruber is the executive vice president and director of research for the Bank. He leads the Bank’s Research Division and serves as a member of Management Committee.
Mr. Gruber joined the Bank in May 2020 after serving 17 years at the Board of Governors. Mr. Gruber previously served as the deputy director of the International Finance Division at the Board. He joined the Board in 2001 as an economist in the Advanced Foreign Economies section analyzing economic developments in key U.S. trading partners. In 2004, he transferred to the Trade and Quantitative Studies section. He became Chief of the section in 2008 with responsibility for the Board’s coverage of oil markets, commodity prices, and U.S. trade flows. Mr. Gruber joined the Board’s official staff in 2012. In 2016, he began serving as a Special Advisor to the Board, first for Vice Chair Stanley Fischer and more recently for Vice Chair for Supervision Randal Quarles.
Mr. Gruber has B.A. degrees in International Studies and Economics from the University of Washington, and a Ph.D. in Economics from Johns Hopkins University. His economic research has been published in a number of academic journals including the Journal of Monetary Economics, Journal of International Money and Finance, Review of International Economics, and the Journal of Money, Credit, and Banking. He has also taught macroeconomics at Johns Hopkins and Georgetown Universities.