Internship
Affairs Economics Intern
Posted on 11/18/2024
The Federal Reserve System
1,001-5,000 employees
Central bank managing U.S. monetary policy
Oklahoma City, OK, USA
Branch office located in Oklahoma City.
- Candidates currently enrolled in an economics program are preferred.
- Highly qualified individuals having earned an undergraduate degree, or are currently enrolled, in environmental/natural resource economics, business, finance, or geography programs may also be considered.
- Students must be within one to two years of graduation.
- Exceptional academic record
- Strong analytical foundation
- Solid written and oral communication skills
- Ability to work independently toward desired goals
- Certain eligibility requirements apply.
- Provide research support for Bank and academic publications
- Analyze data using appropriate statistical methods
- Develop and document data collection processes
The Federal Reserve System serves as the central bank of the United States, playing a crucial role in shaping the nation's economy and ensuring financial stability. It formulates national monetary policy, which involves managing interest rates and money supply to promote economic growth and control inflation. The Federal Reserve also supervises and regulates banks and bank holding companies to maintain a safe and sound banking system. Additionally, it provides financial services to banks and the U.S. government, acting as a bank for banks. What sets the Federal Reserve apart from other financial institutions is its unique position as a government entity that operates independently to achieve its economic goals. The primary goal of the Federal Reserve is to foster a healthy economy and a stable financial system, which ultimately benefits the public.
Company Stage
N/A
Total Funding
N/A
Headquarters
null, null
Founded
1913
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%
Simplify's Take
What believers are saying
- FedNow system enhances operational efficiency and customer satisfaction.
- Successful 2024 bank stress tests bolster confidence in regulatory frameworks.
- Proactive regulatory enforcement enhances reputation as a regulatory authority.
What critics are saying
- Increased regulatory scrutiny may affect reputation and operational focus.
- Basel III Endgame may lead to pushback from financial institutions.
- Slow FedNow adoption could hinder payment ecosystem modernization.
What makes The Federal Reserve System unique
- The Federal Reserve is the central bank of the United States.
- It plays a crucial role in formulating national monetary policy.
- The Fed supervises and regulates banks and bank holding companies.
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