Pianalto to sit in for Jordan at January FOMC

Sandra Pianalto, who assumes the presidency at the Cleveland Federal Reserve Bank on 1 February, will sit in for departing President Jerry Jordan at the Fed's 28-29 January policy meeting, a spokeswoman at the bank said.

Pianalto is currently first vice president and chief operating officer at the Cleveland Fed. As the bank's No. 2 official, she has in the past attended meetings of the Federal Open Market Committee when Jordan could not.

Under a regular rotation for regional Fed bank presidents

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