The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
Regional & Community Outreach connects the Bank to Main Street via structured dialogues and two-way conversations on small business, mortgages, and household credit.
Economic Education improves public knowledge about the Federal Reserve System, monetary policy implementation, and promoting financial stability through the Museum and programs for K-16 students and educators, and the community.
Fields of Interest Consumer credit, mortgage markets, financial services
Michael Gedal is a community affairs specialist. He researches trends in household credit use and directs the Bank’s outreach on consumer lending issues. Michael holds a Ph.D. in public policy from New York University.
Before joining the Bank, Michael was a fellow at NYU’s Furman Center for Real Estate and Urban Policy, where he studied local economic and community development issues, including patterns of mortgage default in New York City. Prior to that, he worked as an economic consultant. More recently, Michael taught microeconomics at NYU’s Wagner School of Public Service.