Federal Reserve Bank of Boston
The Federal Reserve Bank of Boston is one of twelve banks comprising the Federal Reserve System of the United States. It is a leader in financial regulation, monetary policy, and a pioneer of new payment strategies. The Boston Fed has pioneered state-of-the-art payment methods, developed cutting-edge data security programs, and conducted extensive research to assist in policy directives from the Federal Government.
Associated People
Eric Rosengren
2007 - present
Anders Brownworth
2020 - 2023
Will Braman
1977 - 1981
Benjamin Friedman
1969 - 1971
DUTIES
Monetary Policy and Economic Research
The Boston Fed participates in U.S. monetary policymaking and conducts data-intensive research and analysis on a wide range of economic, financial, and behavioral topics.
Supervision and Credit
The Boston Fed supervises banks that are state-chartered members of the Federal Reserve System in the First District, bank holding companies, insurance-focused savings and loan holding companies, and also certain large insurance companies.
Payment Studies and Strategies
The Boston Fed conducts research and convenes experts to support the continued evolution of the payments system and underlying technologies and standards. It provides certain cutting-edge financial services for the U.S. Treasury.
Community Development
The Boston Fed works on issues affecting low- and moderate-income individuals and families, including in New England’s postindustrial cities, and supports efforts to promote household financial stability.