Central Bank Economist

Also called: Federal Reserve Economist

Works at the Federal Reserve analyzing the economy and helping decide interest rates.

A day in the life

You build a model of how higher rates affect home building, present it to senior Fed officials and help write the briefing for the next rate-setting meeting.

Pay over a career

Starting
$110k
Typical
$170k
High
$260k

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

Doctorate (PhD), about 9 years after high school. Usually a PhD in economics; research assistant jobs accept a bachelor's.

Ways in: Graduate school. Training cost: $15k – $60k.

Majors to look at: Economics, Mathematics.

Outlook

Growing about average. Steady.

Will it last? Our AI estimate

Medium risk for 10 years. AI speeds research and nowcasting; policy analysis and briefing Fed leaders on rate decisions stays with human economists.

Start now, in high school

Classes: AP Macroeconomics, AP Calculus, AP Statistics.

Official data: O*NET occupation 19-3011.

More Financial Research, Ratings & Economics careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.