New York Fed

About New York Fed

The Federal Reserve Bank of New York, commonly known as the New York Fed, is a regional central bank that plays a key role in setting monetary policy, supervising financial institutions, and ensuring the reliability of the payments system. It operates within the Second District, spanning parts of New York, New Jersey, Puerto Rico, and the U.S. Virgin Islands, and conducts research and other services to support financial stability and a robust economy. The institution engages in monetary policy execution, financial supervision, data analysis, and educational and outreach activities to inform the public and financial markets. It also hosts the New York Innovation Center and provides expertise on issues impacting the nation and communities served.