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  1. May 3, 2024 · 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, more generally, the public interest. The Federal Reserve. promotes consumer protection and community development through consumer-focused supervision and examination, research and ...

    • Board Members

      Board Members - Federal Reserve Board - About the Fed

    • Federal Reserve History

      The Federal Reserve System was created on December 23, 1913,...

    • Structure

      Data Download Program; Bank Assets and Liabilities....

    • Lisa D. Cook

      Lisa D. Cook - Federal Reserve Board - About the Fed

    • The Fed

      Data Download Program; Bank Assets and Liabilities....

    • News & Events

      News & Events - Federal Reserve Board - About the Fed

    • 10-Kansas City

      From 1989 to 2007, he served as president of American...

    • 08-St. Louis

      Prior to his appointment, Dr. Musalem served as CEO and...

    • 09-Minneapolis

      Bank Location. 90 Hennepin Avenue Minneapolis, MN 55401...

    • Official Staff

      Official Staff - Federal Reserve Board - About the Fed

  2. The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States.It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises.

  3. Recent Developments. Minutes of the Federal Open Market Committee, April 30–May 1, 2024. Press Release - 5/22/2024. Federal Reserve Board issues Economic Well-Being of U.S. Households in 2023 report. Press Release - 5/21/2024. Speech by Governor Waller on the economic outlook. Speech - 5/21/2024.

  4. Some prominent central banks around the world include the European Central Bank, the Bank of Japan, and the Bank of England. In the United States, we call the central bank the Federal Reserve—often abbreviated as just “the Fed.”

  5. The New York Fed provides services to foreign official and international institutions that facilitate the execution of public-sector mandates such as foreign reserves management, international relief and assistance, and financial stability. There are over 200 account holders maintaining more than 550 deposit and custody accounts at the New York ...

  6. Oct 20, 2023 · The U.S. central banking system—the Federal Reserve, or the Fed—is the most powerful economic institution in the United States, perhaps the world. Its core responsibilities include...

  7. 3 days ago · Federal Reserve System, central banking authority of the United States. It acts as a fiscal agent for the U.S. government, is custodian of the reserve accounts of commercial banks, makes loans to commercial banks, and oversees the supply of currency, including coin, in coordination with the U.S. Mint.

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