Updated in 2007

In this 12-minute video, you'll meet the people of the Federal Reserve Bank of Boston and learn about their important responsibilities.

The Boston Fed — created by Congress, assigned to serve the six New England states, one of 12 Federal Reserve Banks around the country — has three responsibilities:

(1) Maintain a safe and sound banking system so consumers and businesses know their money is safe when making banking transactions

(2) Maintain a level of interest rates that keeps inflation in check while permitting the economy to grow

(3) Maintain a payments system – coins and currency, checks, money orders, ATM transactions, debit cards, electronic transfers – that functions quickly, smoothly, and safely

This video shows how the people of the Boston Fed fulfill these responsibilities and share their knowledge and expertise with the people of New England in a variety of ways. You'll also learn how the Boston Fed brings vigor and vitality to its longstanding mission.