New District Dialogues Deep Dives into Labor Force Participation

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"By stable prices, I mean, you don’t want high inflation, you don’t want deflation, you don’t want highly variable inflation, right? Right. You want be able to predict what prices are going do over the next few months, over the next year. That’s what we [the Fed] mean by stable prices."

Sonya Ravindranath Waddell

Vice President and Economist

RVA's Got Issues Podcast: What's Ahead for the Economy?

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Who We Are and What We Do

As a regional Reserve Bank, the Richmond Fed works to strengthen the economy and the Fifth District communities we serve by helping to carry out the day-to-day operations of the Fed. Here's how we do it:

Help Keep Banks Safe and Sound

We help make sure banks in our district follow applicable laws and regulations.

Keep Cash and Payments Flowing

We help keep the country’s electronic payment system running and make sure banks have enough cash and coin to do business.

Represent the Regional Economy

We represent our region in national monetary policy discussions that aim to keep prices and employment stable.

Engage in Our Local Communities

We listen and learn from regional voices, and we provide economic education and community development resources in support of a stronger economy for all.

Contribute Specialized Knowledge

We share our unique expertise with the Federal Reserve System, like the work we do to understand and uplift the economies of rural areas and small towns.

New District Dialogues Deep Dives into Labor Force Participation

Who We Are and What We Do

By the Numbers