The Federal Reserve System
Grant Gulland 1B
The purpose of the Federal Reserve is to keep a stable economy and to set monetary policies.
They regulate our economy by sellling and buying securities from banks.
The Seven board of governers supervise most of the system, with the help of the Disrict Presidents.
District 1- Boston Massachusites
District 2- New York, New York
District 3- Philadelphia, Pennsylvania
District 4- Cleveland, Ohio
District 5- RIchmond, North Carolina
District 6- Alanta, Georgia
District 7- Chicago, Illinois
District 8- St. Louis, Missouri
District 9- Minneapolis, Minnesota
District 10- Kansas City, Kansas
District 11- Dallas, Texas
District 12- San Francisco, California