At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial services, supervising banks and conducting research and providing expertise on issues that impact the nation and communities we serve.
The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support
to international institutions.
The U.S. spends roughly $1 trillion each year on chronic conditions stemming from poverty. Our goal is to elevate ways to prevent illnesses linked to poverty in the first place, so we can spend that $1 trillion in a way that benefits all of us.