reserve bank

A study by the Federal Reserve Bank of New York shows 44 percent of recent college graduates are underemployed.

Those bonds in turn are held in custody accounts at the New York Federal Reserve Bank in lower Manhattan.

Governor of the Federal Reserve Bank of San Francisco: “Six is the point!”

Governor of the Federal Reserve Bank of Chicago:  “Six the hard way!”

American corporations are now sitting on $4.75 trillion in cash, according to the Federal Reserve Bank of St. Louis.

The dormant accounts most of the banks maintain with the reserve bank are, perhaps, indicative of their attitude toward it.

At the reserve bank they may borrow as a standing right and not as a favor which may be cut off.

The member banks should look upon the reserve bank not as an alien but as their own institution.

Gold may be substituted for rediscounts and rediscounts for gold, in accordance with the requirements of the reserve bank.

(d) Excess balances may, at the convenience of each federal reserve bank, remain deposited with the gold settlement fund.