Federal Reserve Bank Of Richmond
The Federal Reserve bank located in Richmond, Va.; it is responsible for the fifth district and is one of 12 Reserve banks within the Federal Reserve System. The Federal Reserve Bank of Richmond's territory includes part of the state of West Virginia, as well as the entire states of Maryland, Virginia, North Carolina and South Carolina. It also covers Washington, D.C. It operates several branches within the district.
The Federal Reserve Bank of Richmond is responsible for executing the central bank's monetary policy by reviewing price inflation and economic growth, and by regulating the banks within its territory. It provides cash to banks within its district, and monitors electronic deposits.
The president of the Federal Reserve Bank of Richmond, along with the presidents of the other banks and the seven governors of the Federal Reserve Board, meet to set interest rates every six weeks. This is referred to as the Federal Open Market Committee (FOMC).
Bank notes printed by the Federal Reserve Bank of Richmond are denoted by the mark "E5", which represents the fifth district (E is also the fifth letter of the alphabet).
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Federal Reserve Bank of Richmond — The Federal Reserve Bank of Richmond is the headquarters of the Fifth District of the Federal Reserve located in Richmond, Virginia. It covers the District of Columbia, Maryland, Virginia, North Carolina, South Carolina and most of West Virginia … Wikipedia
Federal Reserve Bank — Dieser Artikel behandelt das Federal Reserve System (Fed). Für Bedeutungen der Abkürzung FED siehe FED. In diesem Artikel oder Abschnitt fehlen folgende wichtige Informationen: Siehe Diskussionsseite Du kannst Wikipedia helfen, indem du sie… … Deutsch Wikipedia
Federal Reserve Bank of New York — building The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is located at 33 Liberty Place, New York, NY. It is responsible for the Second District of the Federal Reserve System, which encompasses … Wikipedia
Federal Reserve Bank of Minneapolis — Federal Reserve System, U.S. 9th District, seen from Hennepin Avenue … Wikipedia
Federal Reserve Bank of Dallas — building The Federal Reserve Bank of Dallas covers the Eleventh Federal Reserve District, which includes Texas, northern Louisiana and southern New Mexico. The Federal Reserve Bank of Dallas is one of 12 regional Reserve Banks that, along with… … Wikipedia
Federal Reserve Bank — Réserve fédérale des États Unis Réserve fédérale des États Unis Federal Reserve System Siège Washington, D.C. Création 23 décembre … Wikipédia en Français
Federal Reserve Bank of Chicago — Coordinates: 41°52′43″N 87°37′54″W / 41.878484°N 87.631567°W / 41.878484; 87.631567 … Wikipedia
Federal Reserve Bank — Any of the 12 banks that together form the Federal Reserve System in the USA; they are situated in Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St Louis, Minneapolis, Kansas City, Dallas, and San Francisco. They provide… … Big dictionary of business and management
Federal Reserve Bank — The banks that carry out Fed operations, including controlling the money supply and regulating member banks. There are 12 District Feds, headquartered in Boston, New York, Philadelphia, Cleveland, St. Louis, San Francisco, Richmond, Atlanta,… … Investment dictionary
Federal Reserve System — FRB and FED redirect here. For other uses, see FRB (disambiguation) and FED (disambiguation). Federal Reserve System … Wikipedia