Internship
Affairs Economics Intern
Confirmed live in the last 24 hours
The Federal Reserve System
1,001-5,000 employees
Central bank managing U.S. monetary policy
Oklahoma City, OK, USA
Position based in Oklahoma City Branch office.
- 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. Additionally, the Federal Reserve supervises and regulates banks and bank holding companies to maintain a safe and sound banking system. It also provides essential financial services to banks and the U.S. government. What sets the Federal Reserve apart from other financial institutions is its unique position as a government entity that operates independently to achieve its goals. The primary aim of the Federal Reserve is to foster a strong economy and a stable financial system, ultimately benefiting the public and the global economy.
Company Stage
N/A
Total Funding
N/A
Headquarters
null, null
Founded
1913
6 month growth
↓ -1%1 year growth
↓ -1%2 year growth
↓ -1%
Simplify's Take
What believers are saying
- FedNow Service drives innovation in the payments ecosystem.
- Annual stress tests reinforce confidence in the U.S. banking sector.
- Basel III Endgame reproposal may enhance financial stability.
What critics are saying
- Increased regulatory scrutiny may strain resources and relationships with banks.
- Complexities in IOER implementation could affect economic stability management.
What makes The Federal Reserve System unique
- The Federal Reserve is the central bank of the United States.
- It introduced the Interest on Excess Reserves (IOER) in 2008.
- The FedNow Service enables real-time payments, launched in July 2023.
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