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Federal Reserve Bank — latest news, discussion & facts — IJR

Federal Reserve Bank

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Federal Reserve Bank

regional bank of the U.S. Federal Reserve System

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About Federal Reserve Bank

A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913. The banks are jointly responsible for implementing the monetary policy set forth by the Federal Open Market Committee, and are divided as follows:

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