Website of the Month: Federal Reserve

Susan B. Anders, PhD, CPA

The website of the Board of Governors of the Federal Reserve System, at www.federalreserve.gov, provides access to educational and other information developed by the Federal Reserve, as well as other resources related to the central bank of the United States. The Federal Reserve system was created in 1913 as a network of 12 regional Federal Reserve Banks, which are the operating arms of the central bank, under the oversight of the Board of Governors. The Federal Reserve manages U.S. monetary policy, regulates banks, provides financial services such as clearing checks and processing electronic payments, conducts economic research, and disseminates economic information.