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The Federal Reserve System
About the Fed
Learn about the structure and functions of the Federal Reserve!
The Federal Reserve Explained: Who We Are
The Federal Reserve is the U.S. central bank, created by the Federal Reserve Act of 1913 to establish a monetary system that could respond effectively to stresses in the banking system. The Federal Reserve System includes
- The Board of Governors, a federal agency located in Washington, D.C., and
- 12 Federal Reserve Banks around the nation.
To learn more
The Federal Reserve: Five Key Functions
The Federal Reserve System performs five key functions that serve all Americans and promote the health and stability of the U.S. economy and financial system.
- Monetary Policy
- Financial Stability
- Supervision & Regulation
- Payment Systems
- Consumers & Communities
To learn more visit: The Fed Explained: What the Central Bank Does
