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About Us
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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Banking & Supervision
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, 1987

The Irrelevance of Tests for Bias in Series of Macroeconomic Forecasts

Nov/Dec, 1987

Money Growth Volatility and High Nominal Interest Rates

Sep/Oct, 1987

The Fed's Anti-Inflationary Strategy: Is it Adequate?

Robert P. Black

Sep/Oct, 1987

The Case for Rules in the Conduct of Monetary Policy: A Concrete Example

Bennett T. McCallum

Sep/Oct, 1987

The Australian Money Market and the Operations of the Reserve Bank of Australia

Jul/Aug, 1987

Henry Thornton: Seminal Monetary Theorist and Father of the Modern Central Bank

Robert L. Hetzel

Jul/Aug, 1987

Classical and Neoclassical Roots of The Theory of Optimum Tariffs

Thomas M. Humphrey

Jul/Aug, 1987

A Review of Bank Performance in the Fifth District, 1986

David L. Mengle and John R. Walter

May/Jun, 1987

Swiss and United States Monetary Policy: Has Monetarism Failed?

George Rich

May/Jun, 1987

The Effect of Exchange Rate Variation on U.S. Textile and Apparel Imports

Christine Chmura

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Tim Sablik