About Federal Reserve System
The Federal Reserve Board is the central bank of the United States. Established in 1913 under the Federal Reserve Act, it aims to provide the nation with a safer, more flexible, and more stable monetary and financial system. The Board performs numerous key functions, including conducting national monetary policy, overseeing the supervision and regulation of banks to ensure the safety and soundness of the financial system, maintaining financial stability, and providing financial services to depository institutions and the U.S. government.
Monetary policy is a primary responsibility of the Federal Reserve Board, which involves influencing the availability and cost of money and credit to promote maximum employment, stable prices, and moderate long-term interest rates. The Board also supervises and regulates banking institutions to protect the credit rights of consumers, thereby fostering consumer protection and community development. Furthermore, it plays a significant role in enhancing the nation's financial stability by monitoring systemic risks and providing insights through economic research that informs decision-making. The Federal Reserve Board is dedicated to transparency and connects with communities across the country to boost economic growth while ensuring that all Americans benefit from a robust financial system.
FAQs
- When was Federal Reserve System founded?
- Federal Reserve System was founded in 1913.
- Who is the CEO of Federal Reserve System?
- Jerome H. Powell is the CEO.
- What industries or markets does Federal Reserve System operate in?
- Federal Reserve System operates in the following markets: Central Banking, Monetary Policy, Bank Supervision, Economic Research, Consumer Protection, Community Development, Financial Stability, Government Financial Services, Economic Policy, and Financial Regulations.
- How many employees does Federal Reserve System have?
- Federal Reserve System has 1001-5000 employees.
- Where does Federal Reserve System have employees?
- Federal Reserve System has employees in United States.
- Is Federal Reserve System hiring?
- Yes, Federal Reserve System has 5 open remote jobs.
- Does Federal Reserve System support remote work or working from home?
- Yes, Federal Reserve System is a remote-friendly company.
- Does Federal Reserve System offer a four-day work week?
- No, Federal Reserve System does not offer a four-day work week.
- Is Federal Reserve System transparent about salaries?
- Yes, Federal Reserve System practices salary transparency, often including salary or compensation ranges in their job posts. They provide salary data for 5 roles.
- What is Federal Reserve System's website?
- Federal Reserve System's website is www.federalreserve.gov.
United States
