Jacob Orchard is a Ph.D. student in economics at the University of California, San Diego, with interests in empirical macroeconomics and monetary policy. Prior to graduate school, he double majored in mathematics and economics at Brigham Young University and worked at the Federal Reserve Bank of New York. His current research focuses on inflation dispersion—the idea that individuals have different inflation rates because of different preferences and ability to substitute—and the consequences of inflation dispersion for macroeconomic policy.