The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.
Federal Open Market Committee
Monetary Policy Principles and Practice
Policy Implementation
Reports
Review of Monetary Policy Strategy, Tools, and Communications
Institution Supervision
Reporting Forms
Supervision & Regulation Letters
Banking Applications & Legal Developments
Regulatory Resources
Banking & Data Structure
Financial Stability Assessments
Financial Stability Coordination & Actions
Regulations & Statutes
Payment Policies
Reserve Bank Payment Services & Data
Financial Market Utilities & Infrastructures
Research, Reports, & Committees
Working Papers and Notes
Data, Models and Tools
Bank Assets and Liabilities
Bank Structure Data
Business Finance
Dealer Financing Terms
Exchange Rates and International Data
Financial Accounts
Household Finance
Industrial Activity
Interest Rates
Micro Data Reference Manual (MDRM)
Money Stock and Reserve Balances
Other
Regulations
Supervision & Enforcement
Community Development
Research & Analysis
Consumer Resources
Request for January Projections (PDF)
Interest on Excess Reserves as a Monetary Policy Instrument: The Experience of Foreign Central Banks (PDF)
Large-Scale Asset Purchases by the Federal Reserve: Did They Work? (PDF)
Request for April Projections (PDF)
Quantitative Analysis of the Macroeconomic Effects of Alternative Strategies for Managing the Federal Reserve's Securities Holdings (PDF)
A new state-space model of potential output and the business cycle (PDF)
Arrangements for a Videoconference on May 9, 2010 (PDF)
Economic effects of loan write-offs and forgiveness (PDF)
Cover Memo: Recent fiscal developments in Europe and the United States (PDF) - The Fiscal Situation in the Advanced Foreign Economies (PDF) - The Long-Term Outlook for U.S. Fiscal Policy (PDF) - Macroeconomic Consequences of a European Sovereign Debt Crisis (PDF)
Request for June Projections (PDF)
Cover Memo: Foreign Experience with Monetary Policy Options (PDF) - The ECB's Use of Term Refinancing Operations (PDF) - The Swiss National Bank's Three-month Libor Target (PDF)
Cover Memo: Options for Further Monetary Policy Stimulus (PDF) - Reducing the IOER Rate: An Analysis of Options (PDF) - Potential Enhancements to FOMC Communication (PDF) - The Effects of MBS Paydowns and Potential Reinvestment Options (PDF)
Recent Stories in the Press (PDF)
A proposal for a State-Contingent Price-Level Objective (PDF)
Arrangements for a Videoconference on October 15, 2010 (PDF)
Cover Memo: Initial Background Material for October 15 Meeting (PDF) - Large-Scale Asset Purchases by the Federal Reserve: Did They Work? (PDF) (3/1/2010) - Economic Effects of Large-Scale Purchases of Long-term Treasury Securities and Agency Debt and MBS (PDF) (3/9/2009) - The Price Objective for Monetary Policy: An Outline of the Issues (PDF) (6/21/1996) - Issues Pertaining to the Specification of a Numerical Price-Related Objective for Monetary Policy (PDF) (3/12/2007) - Optimal Paths for Large-scale Asset Purchases (PDF) (4/20/2009) - Large-Scale Asset Purchases and Inflation Expectations in the FRB/US Model (PDF) (4/20/2009) - A Preliminary Assessment of the Effects of the Federal Reserve's Large-Scale Asset Purchases on Interest Rates (PDF) (4/23/2009) - The Recent Use of Large-Scale Asset Purchases by Foreign Central Banks (PDF) (6/15/2009) - Large-Scale Asset Purchases: Recent Experience and Some Policy Considerations (PDF) (6/16/2009) - Quantitative Analysis of the Macroeconomic Effects of Alternative Strategies for Managing the Federal Reserve's Securities Holdings (PDF) (4/22/2010) - Discussion at the Upcoming FOMC Meeting (PDF) (10/13/2006) - Foreign Experience with the Formulation and Discussion of Inflation Objectives (PDF) (3/8/2007) - An Update on the Foreign Experience with Explicit Numerical Price Objectives (PDF) (1/9/2009) - Targeting the Yield Curve: The Experience of the Federal Reserve, 1942-51 (PDF) (6/18/2003) - The Scope of Monetary Policy Actions Authorized Under the Federal Reserve Act (PDF) (4/1/2005) - Notes on Issues Related to the Zero Lower Bound on Nominal Interest Rates (PDF) (12/12/2008) - Alternative Instruments for Open Market and Discount Window Operations (PDF) (12/1/2002)
Cover Memo: Two Background Memos from Reserve Banks (PDF) - The Case for Targeting the Level of Nominal Spending (PDF) - A Background Memo on Inflation Rates in the Context of Price Level and Inflation Targeting Regimes (PDF) - Historically-Determined Inflation in the Context of Price Level and Inflation Targeting Regimes (PDF)
Cover Memo: Background for October 15 Meeting (PDF) - Questions for the FOMC Videoconference on October 15 (PDF) - Issues Related to Specifying a Policy Framework in the Current Environment (PDF) - Strategies for Targeting Interest Rates Out the Yield Curve (PDF)
President Plosser's Comments Regarding October 15, 2010 Videoconference (PDF)
Request for November Projections (PDF)
Financial Stability Background Memos (PDF) - Asset Valuation Assessment (PDF) - Indicators of Trends in Dealer-Intermediated Financing and Leverage (PDF)
What drives movements in the unemployment rate? A decomposition of the Beveridge curve (PDF) | HTML
Internal Migration in the US: Updated Facts and Recent Trends (PDF)