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The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the monetary policy of the United States. Governors are appointed by the president of the United States ...
June 5, 1966 (age 58) New York City, U.S. Education. Harvard University (BA) Stanford University (MA, PhD) Raphael W. Bostic (born June 5, 1966) is an American economist, academic, and public servant who has served as the 15th president and CEO of the Federal Reserve Bank of Atlanta since 2017. [1][2] During his academic career, Bostic served ...
Federal Reserve Bank of Atlanta headquarters, designed by the 2011 Driehaus Prize winner Robert A. M. Stern. The bank is governed by a board of directors, which is drawn from the sixth district's business community, banks, and labor and consumer organizations, and makes recommendations every two weeks on the level of the discount rate, which is the rate at which the bank lends to commercial banks.
(Reuters) -Federal Reserve Bank of Atlanta President Raphael Bostic's trading and investing broke central bank rules, the Fed's in-house watchdog said on Wednesday. Bostic created the appearance ...
Atlanta Fed president Raphael Bostic said Wednesday he believes the central bank cannot wait until inflation hits 2% to begin cutting interest rates — and that while the job market has weakened ...
September policy meeting recap. The Federal Reserve meets for its seventh two-day rate-setting session of 2024 on Wednesday, November 6, and Thursday, November 7, 2024. At the end of its Federal ...
The Fed’s board of governors refers to the seven officials, or governors, who are responsible for overseeing the 12 reserve banks and the broader Fed system, as well as supervising, regulating ...
Federal Reserve Chairs (Left to Right): Janet Yellen, Alan Greenspan, Ben Bernanke, and Paul Volcker.Yellen was vice chair when the photograph was taken. As stipulated by the Banking Act of 1935, the president may designate to serve as Chairman of the Board for four-year terms with the advice and consent of the Senate, from among the sitting governors.