Federal Reserve Board

The Federal Reserve Board is a government agency that serves as the central bank of the United States. It is responsible for conducting the nation’s monetary policy by influencing credit and monetary conditions to achieve goals of maximum employment, stable prices, and moderate long-term interest rates.

The Board plays a central role in ensuring the safety and soundness of the country’s banking and financial system through its regulatory and supervisory activities. Furthermore, it provides critical services to depository institutions and the U.S. government, and holds a primary responsibility in operating the nation’s payments system.