Erick Sager is a senior economist at the Federal Reserve Board of Governors. His research focuses on the effects of firm competition, inflation, international trade, and inequality on the macroeconomy. Prior to joining the Federal Reserve Board, he was a research economist in the Division of Price and Index Number Research at the U.S. Bureau of Labor Statistics, a visiting assistant professor of economics at Johns Hopkins University, and a research analyst at the Federal Reserve Bank of Minneapolis. Sager received his Ph.D. from the University of Minnesota.