Sack succeeds Dudley as NY Fed markets chief

Brian Sack, now a vice-president at Macroeconomic Advisers, a firm of economic forecasters, will replace William Dudley as head of the New York Federal Reserve's markets group.

Dudley, who succeeded Tim Geithner as president of the New York Fed, said: "I am very pleased that Brian Sack will be joining the New York Fed as head of the markets group. He brings a unique understanding of the interplay of economics and finance, and has a combination of real world experience and public service that