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Federal Reserve: Difference between revisions
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== Federal Reserve Districts: | == Federal Reserve Districts: == | ||
The 12 Federal Reserve Banks and their 24 Branches are the operating arms of the Federal Reserve System. Each Reserve Bank operates within its own particular geographic area, or district, of the United States. | The 12 Federal Reserve Banks and their 24 Branches are the operating arms of the Federal Reserve System. Each Reserve Bank operates within its own particular geographic area, or district, of the United States.<ref>https://www.stlouisfed.org/open-vault/2022/nov/fomc-voting-rotation-explained</ref> | ||
Each Reserve Bank gathers data and other information about the businesses and the needs of local communities in its region. That information is then factored into monetary policy decisions by the FOMC and other decisions made by the Board of Governors. | Each Reserve Bank gathers data and other information about the businesses and the needs of local communities in its region. That information is then factored into monetary policy decisions by the FOMC and other decisions made by the Board of Governors. | ||
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{| class="wikitable" | {| class="wikitable" | ||
| colspan="7" |'''FOMC Voting Rotation by Year, 2023-2030'''<ref name=":0" /> | | colspan="7" |'''FOMC Voting Rotation by Year, 2023-2030'''<ref name=":0">https://www.stlouisfed.org/open-vault/2022/nov/fomc-voting-rotation-explained</ref> | ||
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|'''2023''' | |'''2023''' | ||