On the island of Yap in Micronesia, stone currency like this was a symbol of wealth. Often giant in size (twice as large as an adult!), the disc-shaped monoliths were carved from limestone imported from another island and prominently displayed outdoors. Though no longer used as money, Yap stones still contain power as a medium of exchange. You can see this historic display and many other amazing monetary artifacts at the Atlanta Monetary Museum. Free self-guided tours are available from 9 a.m. until 4 p.m. (ET), Monday through Friday. Appointments for group guided tours can also be made for schools, businesses, and community groups. Stop by or visit our website for more details. https://atlfed.org/3XXejdb #Artifacts #Museum
Federal Reserve Bank of Atlanta
Financial Services
Atlanta, Georgia 31,436 followers
About us
The Federal Reserve Bank of Atlanta is one of 12 regional Reserve Banks that, along with the Board of Governors, make up the Federal Reserve System. The Atlanta Fed covers the Sixth Federal Reserve District, which includes Alabama, Florida, and Georgia, and parts of Louisiana, Mississippi, and Tennessee. As part of the Federal Reserve System, the Atlanta Fed helps conduct monetary policy, promote the stability of the financial system, regulate and supervise financial institutions, foster payment and settlement system safety and efficiency, and promote consumer protection and community development.
- Website
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https://www.atlantafed.org
External link for Federal Reserve Bank of Atlanta
- Industry
- Financial Services
- Company size
- 1,001-5,000 employees
- Headquarters
- Atlanta, Georgia
- Type
- Government Agency
- Founded
- 1914
- Specialties
- Monetary Policy, Bank Supervision, Payment Services, Research, and Economic Education
Locations
Employees at Federal Reserve Bank of Atlanta
Updates
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The Atlanta Fed’s community relations team works to achieve the Bank's vision of being an active and responsible corporate citizen by supporting our leaders who serve on the boards of directors of community organizations in the Sixth District. This year, the Atlanta Fed is celebrating #ConnectingCauses to raise awareness of our commitment to these nonprofits' causes. Watch Atlanta Fed assistant vice president Jennifer Gibilterra sits down with Jennifer Jobson, executive director of Midtown Assistance Center, to share her experience of serving on Midtown Assistance Center’s board of directors: https://atlfed.org/4eRYSJm
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In his recent president’s message, Federal Reserve Bank of Atlanta president and CEO Raphael Bostic shares that he would favor reducing the federal funds rate before reaching the FOMC’s 2 percent inflation objective if he is confident inflation is firmly on that trajectory. “Rather than holding the federal funds rate steady until we are at the target, I would favor reducing the policy rate once I gain additional confidence that we are clearly on the path to the 2 percent objective,” he writes. Read the full essay: https://atlfed.org/3XMMl3K
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Federal Reserve Bank of Atlanta reposted this
The celebration of America’s independence strikes me as an appropriate time to reflect on the vital role the Federal Reserve Bank of Atlanta and the Federal Reserve System play in the health of our nation’s economy. I think it is particularly fitting to ponder the Fed’s place during an election year in which the Federal Open Market Committee faces momentous decisions about the path of monetary policy. In this environment, the Federal Reserve’s independence is tested in ways it simply is not in other times. To be clear, we do not and will not allow political considerations to affect monetary policymaking. We remain focused exclusively on how best to achieve our dual mandate of sustainable maximum employment and price stability. We in the Federal Reserve have reason to be proud that, in trying times for many public institutions, ours is holding firmly to its integrity. That is the best way we can serve our fellow citizens. Have a safe and happy Fourth of July!
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#ConnectingCauses seeks to bring awareness to how the Atlanta Fed enriches communities and empowers leaders through community service and its partnerships with local businesses and nonprofit organizations. Watch Atlanta Fed first vice president and chief operating officer Andre Anderson talk with Atlanta BeltLine Partnership executive director Rob Brawner about their experiences working with the Atlanta Beltline Partnership's board of directors. To see more Connecting Causes videos, visit https://atlfed.org/4cHxlIM
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How do small businesses’ challenges compare across the United States? How do Native American, Alaska Native, Asian, Black, Hispanic, and White business owners differ in their expectations of revenue growth over the next 12 months? How did the credit-seeking experiences of firms owned by women compare to firms owned by men in 2023? These comparisons and more are now available. Check out Firms in Focus, a series of chartbooks using findings from the 2023 Small Business Credit Survey. Find comparisons by business characteristics (age of firm, credit risk, employment size, industry, revenue size, and rural and urban firms), business owner characteristics (age, gender, immigrant, LGBTQ, race and ethnicity, and veteran), 12 metropolitan statistical areas, and 19 states. Download the chartbooks now. https://bit.ly/4ayyWiA
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Federal Reserve Bank of Atlanta reposted this
I interviewed with Tom Hudson yesterday on WLRN Public Media. During our talk, I spoke about monetary policy and interest rates, as well as the potential impact of a less restrictive policy on South Florida's labor market. "I do think that us moving from a more restrictive posture to less has the potential to help businesses feel comfortable and be willing to hire more people," I said. "The thing that will be important on this, though, is the extent to which there are people to fill those positions." To listen to the interview, visit https://atlfed.org/3L7z3Hx
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Federal Reserve Bank of Atlanta reposted this
What role do deposit insurance and liquidity facilities play in sustaining confidence in the banking system? To address this and other questions, the Federal Reserve Bank of Dallas and Federal Reserve Bank of Atlanta are hosting a conference to bring together academics, bankers and policymakers. Learn more and register here: https://lnkd.in/gsfuaBE3
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The inflation of recent years has placed upward pressure on wages. How persistent will wage growth pressures remain? A Policy Hub: Macroblog post looks at recent survey data to take the pulse of firms and answer the question. https://atlfed.org/3L2MfgP
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For #ConnectingCauses, we asked our leaders—and the nonprofit leaders they work with—to share why they are inspired to give back to their communities. Watch Atlanta Fed first vice president and chief operating officer Andre Anderson talk with Atlanta BeltLine Partnership executive director Rob Brawner, MBA about what working with the Atlanta Beltline Partnership means to them: https://atlfed.org/3X8eCSd
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