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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.

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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.

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The Federal Reserve Act of 1913 in the Stream of U.S. Monetary History

By James Parthemos

Economic Review

Jul/Aug, 1988

The establishment of the Federal Reserve System marked a new stage in a process of monetary and banking experimentation dating back to the nation's beginnings.

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Tim Sablik