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About Us
We’re one of 12 regional Federal Reserve Banks working together with the Board of Governors to support a healthy economy. Our job is to serve the American public — to serve you. And our mission is to foster economic stability and strength.

Learn more about our bank >
Banking & Supervision
We help ensure our financial system is operating safely and effectively, and we help support secure and efficient methods to transfer your funds through our financial system.
Economic Research
We conduct research to support policymaking and thought leadership on issues important to the Federal Reserve and the Fifth District. We also inform the public through our data and economic analysis, publications, presentations and educational resources.

Learn more about Economic Research >
Region & Communities
We share research, data and resources and regularly engage regional leaders and policymakers to understand and address community‑specific economic issues.
- Our Region
Education
We work with teachers, students and the public to enhance understanding of economics, personal finance and the Federal Reserve.

Learn more about our resources and educational programs. >
- Resources & Programs
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- People

Econ Focus

Second Quarter 2017

Cover for Second Quarter 2017 issue

Cover Story

Pricing Vice

Can "sin taxes" be good for your health and the economy?

Download Full Issue

Features

Bankrolling Big Bird

Is there still an economic case for government-supported broadcasting?

Credit Unions: A Taxing Question

A tax exemption has helped credit unions since the 1930s, but some argue they should be treated more like banks

Departments

Message from the
Interim President

Financial Services
for Lower-Income
Communities

Upfront

Regional News
at a Glance

Federal Reserve

stock art of currency prices

The Fed’s Foray
Into Forex

The Profession

The Role of the
Council of Economic
Advisers

Jargon Alert

hands with puzzle pieces

Value-Added Tax

Research Spotlight

Superstar Firms and
the Falling Labor
Share

Interview

Around the Fed

Lost Your Job?
Call Mom and Dad

Economic History

Makeshift hospital beds on a porch at Walter Reed Hospital during Spanish flu epidemic

Spanish Flu Pandemic of 1918-1919

District Digest

The Urban Core in the Tale of Three Cities: Baltimore, Charlotte, and Richmond

Book Review

Cover of Dream Hoarders

Pulling Up the Ladder

Opinion

Unwinding the Fed’s
Asset Purchases

Contact Us

David A. Price (804) 697-8018