Gary H. Stern, Former President

Gary H. Stern

Gary H. Stern was president and chief executive officer of the Federal Reserve Bank of Minneapolis from March 1985 through August 2009 (the longest-serving president in the Bank’s history). Stern joined the Federal Reserve Bank of Minneapolis in January 1982 as senior vice president and director of Research, and his prior experience included seven years at the Federal Reserve Bank of New York. Along with Minneapolis Fed Senior Vice President Ron Feldman, Stern co-authored Too Big to Fail: The Hazards of Bank Bailouts, published by The Brookings Institution (2004).

Columns, Speeches and Articles

The Region, Top of the Ninth Columns


Annual Report Essays

2007Managing the Expanded Safety Net

1995Formulating a Consistent Approach to Monetary Policy

1992Banking's Middle Ground: Balancing Excessive Regulation and Taxpayer Risk

1987Achieving Economic Stability: Lessons From the Crash of 1929

1986The Unpleasant Arithmetic of Budget and Trade Deficits

1985The Fed's Money Supply Ranges: Still Useful After All These Years

1984The Transition to Low Inflation: Progress and Pressures

Quarterly Review