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We’re one of 12 regional Federal Reserve Banks working together with the Board of Governors to support a healthy economy. Our job is to serve the American public — to serve you. And our mission is to foster economic stability and strength.

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We work to support a safe and sound financial system and foster an efficient and accessible payments system.
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Economic Research
We conduct research to support policymaking and thought leadership on issues important to the Federal Reserve and the Fifth District. We also inform the public through our data and economic analysis, publications, presentations and educational resources.

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We share research, data and resources and regularly engage regional leaders and policymakers to understand and address community‑specific economic issues.
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We work with teachers, students and the public to enhance understanding of economics, personal finance and the Federal Reserve.

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Economic Review

Nov/Dec, 1985

The Rules versus Discretion Debate over Monetary Policy in the 1920s

Robert L. Hetzel

Nov/Dec, 1985

CBO and OMB Projections, Adjusted for Inflation, Show Federal Budget Deficit under Control

William G. Dewald

Sep/Oct, 1985

Controversy Over the Federal Budget Deficit: A Theoretical Perspective

Sep/Oct, 1985

The Early History of the Phillips Curve

Thomas M. Humphrey

Jul/Aug, 1985

Toward More Accurate Macroeconomic Forecasts from Vector Autoregressions

Jul/Aug, 1985

A Review of Bank Performance in the Fifth District, 1984

David L. Mengle and John R. Walter

Jul/Aug, 1985

The Monetary Control Act and the Role of the Federal Reserve in the Interbank Clearing Market

Anatoli Kuprianov

May/Jun, 1985

Are NOWs Being Used as Savings Accounts?

Timothy Q. Cook and Timothy D. Rowe

May/Jun, 1985

Daylight Overdrafts and Payments System Risks

David L. Mengle

Mar/Apr, 1985

The Evolution and Policy Implications of Phillips Curve Analysis

Thomas M. Humphrey

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Tim Sablik