An efficient, effective, and safe U.S. and global payment and settlement system is vital to the U.S. economy. References. Research. Research Assistants. The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions. Community Research Economic issues affecting low- and moderate- income communities, including fair and impartial access to credit. Lily M. Seitelman is a research associate in the Economic Research Department of the Federal Reserve Bank of San Francisco. Andrew Foerster is a research advisor in the Economic Research Department of the Federal Reserve Bank of San Francisco. Each year, the Board of Governors of the Federal Reserve System (the Board) hires a new cohort of college graduates to work as Research Assistants (RAs). The primary responsibilities include publishing in leading professional journals, maintaining an active research agenda, and providing analysis on monetary and other policy issues. Yesterday, the President of the Federal Reserve Bank of Cleveland disclosed a few details of the research after a period of … In responding to the COVID-19 crisis, the Federal Reserve has both lowered the federal funds rate and provided forward guidance. Cerra, Valerie, and Sweta Chaman Saxena. Regional Analysis. Expert insights about economic inclusion and opportunity. For some time now, the Federal Reserve Bank has been researching digital currency and its viability in the payment sector. A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913. One way the Federal Reserve System can help promote payments system safety and soundness is by providing reliable quantitative information and research about technological innovations and other developments in the payments landscape. Wesley Janson Chengcheng Jia. We study whether the forward guidance given with the April and June 2020 FOMC meetings altered the public’s expectations of future policy rates, GDP growth, and inflation. Skip to main content Federal Reserve Bank of Minneapolis: Pursuing an Economy that works for all of us. Information about Illinois, Indiana, Iowa, Michigan and Wisconsin. We conduct world-class research that informs the public and policymakers about a wide range of national and global issues. Information about becoming a research assistant at the Federal Reserve Bank of Chicago. The Federal Reserve Board of Governors in Washington DC. The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions. Issues of importance to the Federal Reserve, including financial markets, banking, monetary policy and more. Community Development. As part of the nation's central bank, the Atlanta Fed plays an important role in monetary policy, bank supervision and regulation, and the operation of a nationwide payments system. The Research Division of the Federal Reserve Bank of St. Louis is seeking junior research economists (those with less than 5 years of post-PhD experience).