The Federal Reserve Bank of New York announced on Wednesday that it has appointed Kartik Athreya as head of research, who will take up his post in February. Athreya is currently the head of research at the Federal Reserve Bank of Richmond, where he has been working since 2000. "Kartik is a well-respected economist in the field of macroeconomics and household finance and an inspirational leader," New York Fed President Williams said in the statement.