Fed Taps Tudor Vet To Prepare For Rate Hikes

Dec 3 2014 | 2:00pm ET

A former Tudor Investment Corp. partner has been named head of a new policy-making team at the Federal Reserve Bank of New York.

Alberto Musalem will lead the policy analysis group, charged with developing “a more comprehensive and integrated view” as the Fed enters a rate-tightening cycle. The New York Fed will be responsible for implementing those rate hikes, which are expected to begin next year.

The new unit will begin operating in January.

Musalem joined the central bank earlier this year as head of emerging markets and international affairs. The head of research at Tudor prior to that, he is a former economist at the International Monetary Fund.

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