Philadelphia Fed's asset
Philadelphia Fed

@philadelphiafed.org

Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank holding companies

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About

Description

Philadelphia Fed is one of the 12 regional Reserve Banks in the Federal Reserve System, working alongside the Board of Governors in Washington, D. C. Their primary goal is to ensure the strength and integrity of the U.


S. At Philadelphia Fed, they play a crucial role in shaping the nation's monetary policy, supervising and regulating financial institutions, supporting the safe and efficient operation of the U. S.


Diversity and inclusion are essential principles at Philadelphia Fed. They are committed to creating a work environment that embraces individuals from various races, ethnicities, sexual orientations, socioeconomic statuses, ages, religious and political beliefs, and other attributes. These standards extend not only to their workforce but also to their suppliers and throughout the Third District.


Based in the Third District, Philadelphia Fed serves over 13. 3 million people in Delaware, southern New Jersey, and eastern and central Pennsylvania. This region represents 4.


6% of the country's population inhabiting just 1% of its land. The District has striking employment shares in sectors like trade, transportation, utilities, professional and business services, and education and health services, contributing to its strong economic presence. For additional insights, you can explore their annual report for 2022, featuring the thoughts of Philadelphia Fed President Patrick T.


Harker and First Vice President James D. Narron on their mission of service and initiatives supporting a robust and inclusive economy. Contact Philadelphia Fed for expert speakers on various topics related to their work at your upcoming event

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Company Type

Nonprofit

Company Size

501-1000

Year Founded

1914

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