Raphael W. Bostic is the 15th president and chief executive officer of the Federal Reserve Bank of Atlanta. He is responsible for all the bank’s activities, including monetary policy, bank supervision and regulation, and payment services. He also serves on the Federal Open Market Committee.
From 2012 to 2017, Bostic was the Judith and John Bedrosian chair in governance and the public enterprise at the Sol Price School of Public Policy at the University of Southern California (USC).
He arrived at USC in 2001 and was a professor in the School of Policy, Planning, and Development. He directed USC’s master of real estate development degree program and was the founding director of the Casden Real Estate Economics Forecast.
Bostic also served USC’s Lusk Center for Real Estate as the interim associate director from 2007 to 2009 and as the interim director from 2015 to 2016. From 2016 to 2017, he chaired the center’s governance, management, and policy process department.
From 2009 to 2012, Bostic was the assistant secretary for policy development and research at the US Department of Housing and Urban Development.
Bostic worked at the Federal Reserve Board of Governors from 1995 to 2001 in the monetary and financial studies section.
He serves on many boards and advisory committees, including Georgia’s Partnership for Inclusive Innovation. He is also a member of Harvard University’s Board of Overseers. He previously chaired the board of directors of the United Way of Greater Atlanta and the Metro Atlanta Chamber of Commerce and is a member of the Advisory Committee on Economic Inclusion at the Federal Deposit Insurance Corporation.
Bostic graduated from Harvard University with a combined major in economics and psychology. He earned his doctorate in economics from Stanford University.