Outing: Federal Reserve Bank Museum
Thursday, December 14, 2023 • 2 Tevet 5784
1:00 PM - 3:00 PMFederal Reserve Bank of Atlanta, 1000 Peachtree St NE, Atlanta, GA 30309Join us for a behind-the-scenes tour of the Federal Reserve Bank of Atlanta. Come see for yourself how it all happens!
This tour is FREE but space is limited and our registration deadline is November 30th.
In the NOTES section, please indicate if you would like to meet for lunch prior to the 1PM tour.
Thank you for registering (below)!
_______________________________________________________________________________________
From Wikipedia, the free encyclopedia:
|
Headquarters
|
1000 Peachtree St NE
Atlanta, Georgia, USA |
|---|---|
|
Established
|
May 18, 1914 (109 years ago)
|
|
President
|
|
|
Central bank of
|
Sixth District
|
|
Website
|
|
|
The Federal Reserve Bank of Atlanta is one of 12 regional banks that make up the Federal Reserve System
|
|
The Federal Reserve Bank of Atlanta, (informally referred to as the Atlanta Fed and the Bank), is the sixth district of the 12 Federal Reserve Banks of the United States and is headquartered in midtown Atlanta, Georgia.
The Atlanta Fed covers the U.S. states of Alabama, Florida, and Georgia, the eastern two-thirds of Tennessee, the southern portion of Louisiana, and southern Mississippi as part of the Federal Reserve System.[1] Along with its Atlanta headquarters, the Banks operates five branches with the sixth district, which are located in Birmingham, Jacksonville, Miami, Nashville, and New Orleans. These branches provide cash to banks, savings and loans, and other depository institutions; transfer money electronically; and clear millions of checks.[2]
In addition to supporting the U.S. financial system, the Atlanta Fed carries out the supervision and regulation of the banks operating within the sixth district. It also is a source of research and expertise for public and private decision makers within the district. In recent years, researchers within the Atlanta Fed have innovated new tools to gauge the health of the macro U.S. economy, the two most notable are GDPNow[3] and Wage Growth Tracker.[4]
The Atlanta Fed is currently led by Dr. Raphael Bostic, who was appointed in 2017[5] and is a member of the Federal Open Market Committee (FOMC), the committee that makes key decisions about interest rates and the growth of the United States money supply.
Responsibilities and functions
Federal Reserve System's Sixth District
The Atlanta Fed's footprint covers the southeastern U.S., including the states of Alabama, Florida, and Georgia, 74 counties in the eastern two-thirds of Tennessee, 38 parishes of southern Louisiana, and 43 counties of southern Mississippi as part of the Federal Reserve System.[1]
The Atlanta Fed, along with the other 11 regional district banks, has three primary functions: assisting with monetary policy, operation of nationwide payment system, and administering bank supervision and regulation.[6] Its job is to decide the interest rates, and the president meets with other bank presidents and board members. The bank's board of directors makes recommendations on the levels of discount rates.
Secondarily, the Atlanta Fed is a source of research and expertise for public and private decision makers within the district. Researchers within the Atlanta Fed have innovated new tools to gauge the health of the macro U.S. economy, the two most notable are GDPNow[7] Wage Growth Tracker.[4] The Atlanta Fed's GDPNow, which is a "nowcasting" model for gross domestic product (GDP) growth that synthesizes the related GDP subcomponents with monthly source data prior to the formal GDP release by the Bureau of Economic Analysis, is widely followed[8] by financial markets. The Wage Growth Tracker is a measure of the nominal wage growth of individuals, using microdata from the Current Population Survey (CPS) from the Bureau of Labor Statistics.
Sorry, Registration has ended.
| Share Print Save To My Calendar |
Thu, August 21 2025 27 Av 5785
