What Is the Federal Reserve Bank of Dallas?

The Federal Reserve Bank of Dallas is one of 12 Federal Reserve Banks, responsible for the 11th Federal Reserve District. Its territory includes the entire state of Texas, 26 parishes in northern Louisiana, and 18 counties in southern New Mexico. It maintains four locations in Texas: its main office in Dallas, and branch banks in Houston, San Antonio, and El Paso.

Understanding th🌃e Federal Reserve Bank of Dallas

The Federal Reserve Bank of Dallas is one of a dozen institutions nationwide whose responsibility is implementing the monetary policy of the Federal Reserve System. Its responsibilities include reviewing price 澳洲幸运5官方开奖结果体彩网:inflation and charting economic growth, as well as regulating the banks within its territory. The bank also provides cash to other banks across the district🐠 and monitors electronic deposits.

The president of the Federal Reserve Bank of Dallas is part of a rotation of presidents who, along with the seven governors of the Federal Reserve Board and the president of the Federal Reserve Bank of New York, meet to set open market operations. This is referred to as the 澳洲幸运5官♑方开奖结果🔯体彩网:Federal Open Market Committee (FOMC).

The Federal Reserve Bank of Dallas manages the United States’ Electronic Transfer Account program. Bank notes printed by the Federal Reserve Bank of Dallas are denoted by the mark K11: referring to the 11th district and the fact that K is the 11th letter of the alphabet.

Lorie K. Logan is the president and chief executive officer of the Federal Reserve Bank of Dallas, having assumed the positi𝓰on on Aug. 22, 2022.

Responsibilities and Services

The Dallas Fed develops a series of reports on💞 the Texas economy, publishing surveys and analyses and making data available for research about the economy of the Southwest.

It also makes available larger studies on the U.S. and international economies, on topics such as personal consumption expenditures (PCE) inflation, the🌞 market value of U.S. government debt, and other white papers🎐 on international economic topics.

Because of Dallas’ proximity to and dependence on the oil industry, the Fed there devotes resources to energy research, with many art𒁏icles, surveys, and reports made available for industry leaders, economists, and investors.

The Bottom Line

The Federal Reserve Bank of Dallas is one of 12 reserve banks in the Federal Reserve System. The Dallas Fed serves the 11th Federal Reserve District, which consists of all of Texas, northern Louisiana (26 parishes), and southern New Mexico (18 counties). It has four locations in Texas: its headquarters in Dallas, and branch banks in Houston, San Antonio, and El Paso.