The Fed

Info for November 28, 2012

About the Fed

  • Known as the "Federal Reserve System"
  • Central bank of the United States
  • Regulates money flow and the economy
  • Creates a more stable economy
  • Try's to keep full employment
  • Regulates inflation and deflation
  • Founded in 1913

District banks names and locations

District 1 - Boston, MA

District 2 - New York, NY

District 3 - Philadelphia, PA

District 4 - Cleveland, OH

District 5 - Richmond, VA

District 6 - Atlanta, GA

District 7 - Chicago, IL

District 8 - St. Louis, MI

District 9 - Minneapolis, MN

District 10 - Kansas City, MO

District 11 - Dallas, TX

District 12 - San Francisco, CA