The Fed’s mission is to create the conditions that generate jobs, promote price stability, and foster economic growth. At the Philadelphia Fed, we help shape the nation’s monetary policy, supervise and regulate financial institutions, support the safe and efficient operation of the U.S. payments and financial system, and promote fair and impartial access to credit and inclusive growth.
At the Philadelphia Fed, we are committed to diversity and inclusion in terms of race, ethnicity, sexual orientation, socioeconomic status, age, religious and political beliefs, and other attributes that differentiate individuals. We promote these standards among our workforce, our suppliers, and in the Third District.
The Third District
- Home to over 13.3 million people in Delaware, southern New Jersey, and eastern and central Pennsylvania. That's 4.6% of the country's population in just 1% of the country's land.
- The three states combined have nearly the same employment shares as overall U.S. in the trade, transportation, and utilities sectors and the professional and business services sectors.
- The District has slightly higher employment in the education and health services sectors than that of the nation.
During 2020, the Philadelphia Fed’s mission of service to the Third District and the country was more critical than ever. The Annual Report features our dedicated staff and the people, businesses, and communities we supported to help ensure a strong and inclusive recovery.
03 June ’21
02 June ’21
Fed President Patrick Harker Predicts GDP Growth of 7 Percent for 2021 and Inflation Close to 3 Percent
02 June ’21
The Bank offers a variety of expert speakers on a range of topics related to our work. You can request an appearance by a Bank employee by completing our request form with information about your upcoming event.