Cindy Hull

Cindy Hull

Vice President and Head of Financial Markets Group

Cindy Hull is vice president and head of the Financial Markets Group at the Federal Reserve Bank of Chicago. In this role, she leads a team of experienced professionals that are responsible for analyzing public policy issues in financial markets and communicating findings to policymakers, regulators, industry leaders and the public.

Hull has more than 15 years of experience in trading, portfolio management, operational readiness planning, and policy analysis. Hull previously served as a Policy Advisor on the team and prior to that held various leadership roles in the Markets Group at the Federal Reserve Bank of New York. This included leading trading operations for the Fed and U.S. Treasury holdings of foreign currency reserves. She also led operational readiness initiatives to improve the capacity for the Federal Reserve to implement a wide-ranging set of existing and potential policy directives for open market operations. Hull also played an instrumental leadership role in the Fed’s agency mortgage-backed securities purchase program during the COVID-19 pandemic.

Hull is a native of Puerto Rico and received a bachelor’s degree in Chemical Engineering from Carnegie Mellon University and a master’s degree in International Affairs from Columbia University.

W. Scott Frame, Brian Greene, Cindy Hull and Joshua Zorsky, 2021. Fed’s Mortgage-Backed Securities Purchases Sought Calm, Accommodation During Pandemicy

Goldberg, Linda, Cindy Hull and Sarah Stein, 2013. Do Industrialized Countries Hold the Right Foreign Exchange Reserves? Federal Reserve Bank of New York Current Issues in Economics, vol. 19, no. 1, April.


Simon Potter, Linsey Molloy, Kathryn Chen, Cindy Hull, and Joseph Andros, 2017. Open Markets Operations

Simon Potter, Linsey Molloy, Deborah Leonard, Cindy Hull, and Michael Place, 2016. Domestic Open Market Operations

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