You can now read 10 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe

Obituaries

Robert Holland, member of Fed

WASHINGTON — Robert C. Holland, 87, an economist who became the first staff member of the Federal Reserve System to be appointed directly to its board of governors, died Jan. 3 at his home in ­Centreville, Va.

Dr. Holland had been vice president at the Federal Reserve Bank of Chicago.

Continue reading below

Board members had been outside appointments, generally business leaders or economists.

When a position on the board opened in 1973, President Nixon appointed Dr. Holland because he knew the inner workings of the system.

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week