Federal Reserve Board

The Federal Reserve System is the central bank of the United States. It performs five general functions to promote the effective operation of the U.S. economy and the public interest. These functions include conducting monetary policy, promoting financial system stability, ensuring the safety and soundness of financial institutions, fostering payment and settlement system efficiency, and promoting consumer protection and community development.

Federal Reserve System

U.S. Currency Education Program

The Federal Reserve System is the Central Bank of the United States.  It was founded by Congress in 1913 to provide the nation with a safer, more flexible and more stable monetary and financial system.  Over the years, its role in banking and the economy has expanded. 

Today the Federal Reserve's duties fall into four general areas:

Conducting the nation's monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices and moderate long-term interest rates.

Supervising and regulating banking institutions to ensure the safety and soundness of the nation's banking and financial system and to protect the credit rights of consumers.

Maintaining the stability of the financial system and containing systemic risk that may arise in financial markets.

Providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation's payments system.

#FedFAQ: Is the Federal Reserve aware of ongoing payment delays for consumers and businesses that started on November 3, 2023?
A: Yes. The Federal Reserve encourages banks to work quickly to resolve issues for customers experiencing delays in receiving direct deposit payments as a result of operational issues at a private sector payments provider. The Federal Reserve’s payments services are separate and functioned normally. https://lnkd.in/geV84vmg

Speech by Governor Waller on using economic data to understand the economy: https://lnkd.in/gXUmufJa  

Watch live: https://lnkd.in/gTMs34hC 

Learn more about Governor Waller: https://lnkd.in/dKS4HPC

Vice Chair for Supervision Barr participates in a discussion on financial technology. 

Watch live: https://lnkd.in/gVViRVnq 

Learn more about Vice Chair for Supervision Barr: https://lnkd.in/eYE6QdAD

Have you received an official looking letter in the mail, supposedly from the Federal Reserve Bank of New York – or even the Chairman of the Federal Reserve – saying you’re owed a massive amount of money and all you have to do is call a number to give some vital information and pay a transfer fee before they release it to you? DO NOT call that number! It’s a scam! If you think your personal information has been compromised, contact your bank and local law enforcement immediately! More info: https://lnkd.in/d42WYjm

Speech by Governor Cook on financial stability: https://lnkd.in/dqyQtqm2 
 
Watch live: https://lnkd.in/dqDdtGSE 

Learn more about Governor Cook: https://lnkd.in/eYyKzTst

#FedFAQ: I received a suspicious-looking e-mail that claims to be from the Federal Reserve. Is it a scam?  

Learn more:  
https://lnkd.in/d42WYjm

Vice Chair for Supervision Barr participates in a discussion on the Community Reinvestment Act. Watch live: https://lnkd.in/g_ecKuXk 

Learn more about Vice Chair for Supervision Barr: https://lnkd.in/eYE6QdAD

The week ahead 

See our calendar of scheduled events for next week: https://lnkd.in/eAbSH88

Vice Chair for Supervision Barr participates in a discussion on the Community Reinvestment Act at National Housing Conference. 

Watch live: https://lnkd.in/eN9HAgtu 

Learn more about Vice Chair for Supervision Barr: https://lnkd.in/eYE6QdAD

Applications are open for several internship positions next summer. One of our #FedInterns shares helpful advice for students interested in an internship at the Federal Reserve Board.  

Learn more about internships: https://lnkd.in/evz6xnBQ  
 
Apply today: https://lnkd.in/ehau6XQD

GOV:FEDERALRESERVE

Federal Reserve System

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