Anna Nordstrom appointed as permanent head of NY Fed's Markets Group, bringing extensive experience.

From Yahoo Finance: 2025-04-21 12:46:00

Anna Nordstrom has been appointed as the permanent head of the Federal Reserve Bank of New York’s Markets Group, taking on the role immediately. Nordstrom has been with the New York Fed since 2008 and was serving as interim leader since December. She has extensive experience in financial markets and international roles. Nordstrom’s appointment comes as the Fed faces challenges, including pressure to cut interest rates and market volatility. Chairman Jerome Powell sees orderly trading, reducing the need for immediate intervention.



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