New York Federal Reserve Bank

The New York Federal Reserve Bank is one of the 12 regional banks in the U.S. Federal Reserve System, which oversees the country's monetary policy. Located in Manhattan, it plays a critical role in regulating the banking system, managing interest rates, and facilitating the nation’s payment systems. It also conducts economic research and serves as a bank for the U.S. government. By buying and selling government securities, it helps influence money supply and economic stability, impacting everything from inflation to employment. Its actions are vital for maintaining a healthy economy.