What role does the Atlanta Fed play in the economy/payment system?
The Federal Reserve Bank of Atlanta is one of 12 regional Reserve Banks in the United States that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System—the nation’s central bank. Since its establishment by an act of Congress in 1913, the Federal Reserve System’s primary goal has been to foster a sound financial system and a healthy economy. To advance this goal, the Atlanta Fed, with the other regional Reserve Banks, helps formulate monetary policy, supervises and regulates banks and bank holding companies, and provides financial services to depository institutions and the federal government. Back to top 2.
