Peeling the Inflation Onion, Revisited
The New York Fed's mission is to strengthen the US economy and financial system. They execute monetary policy, provide financial services, supervise banks, and conduct research. They have launched the New York Innovation Center and provide resources for filing reports and submitting Freedom of Information requests. They also work to protect consumers and promote sound financial systems. The Fed's main monetary policy goals are maximum employment and price stability, with efforts still needed to restore price stability due to high inflation.
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