EDUCATIONAL RESOURCES from the Federal Reserve Bank of San Francisco www.frbsf.org/education TABLE OF CONTENTS T h e F e d e r a l Re s e r v e : M a i n f u n c t i o ns T h e F e d e r a l Re s e r v e : St r u c t ure T h e F e d e r a l Re s e r v e : M a n d a te s S F F e d e d u c a t i o na l re s o u rc e s Economics in Person (EiP) DataPost (DP) What is the Fed? (WIF) Fed Chairman Game (FCG) The Economy: Crisis & Response (CNR) Dr. Econ E-newsletter S F F e d re s o u rc e s f ro m E c o n o m i c Re s e a rc h Publications: Fed Views, Working Papers, Econ Letter B oa rd of G o v e r n o r s ’ s i t e re s o u rc e s FAQs Fed’s Balance Sheet F e d e r a l Re s e r v e E d uc a t io n.o rg U R L l i s t i n g & c o n t a c t i n f o r ma t i o n slide 3 slide 4 slide 6 slide 7 slide 9 slide 10 slide 11 slide 15 slide 18 slide 22 slide 23 slide 24 slide 25 slide 26 slide 28 slide 29 slide 33 slide 34 SF Fed Economic Education www.frbsf.org/education THE FEDERAL RESERVE Main functions: Monetary Policy • Influence the availability and cost of money and credit Bank Supervision & Regulation • Promote safety and soundness of the banking system Maintain Stability of Financial System • Contain systemic risks Provide Financial Services • Currency and coin, check collection, electronic payments, financial services to U.S. government SF Fed Economic Education www.frbsf.org/education THE FEDERAL RESERVE Board of Governors (BOG) • Independent government agency • 7 members on the Board 12 Reserve Banks (Districts) • Non-government, each bank separately incorporated • Operating arm of the Federal Reserve System Federal Open Market Committee (FOMC) • Primary monetary policy making body • BOG & 12 Reserve Bank presidents SF Fed Economic Education www.frbsf.org/education www.frbsf.org/what-is-the-fed THE FEDERAL RESERVE SF Fed Economic Education www.frbsf.org/education THE FEDERAL RESERVE The Fed has a dual mandate: maximum sustainable output and employment stable prices These dual policy goals imply moderate long-term interest rates SF Fed Economic Education www.frbsf.org/education www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education EiP: Economics in Person SF Fed Economic Education www.frbsf.org/education DataPost SF Fed Economic Education www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education The Fed Chairman Game SF Fed Economic Education www.frbsf.org/education Crisis! SF Fed Economic Education www.frbsf.org/education …or not SF Fed Economic Education www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education SF Fed Econ Ed newsletter • Provides economic news • Resource announcements and highlights from throughout the System • Delivered electronically every other week Subscribe by visiting www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education http://www.frbsf.org/economic-research SF Fed Economic Education www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education www.federalreserve.gov SF Fed Economic Education www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education SF Fed Economic Education www.frbsf.org/education RESOURCES & CONTACT INFO URLs mentioned in this presentation: • • • • www.frbsf.org/education www.frbsf.org/economics www.federalreserve.gov www.federalreserveeducation.org To contact the SF Fed’s Econ Ed group: • econed@sf.frb.org • (800) 227-4133, option 2 SF Fed Economic Education www.frbsf.org/education