Annual Report
2023 Annual Report
03 May ’24
In our 2023 Annual Report, Philadelphia Fed President Patrick T. Harker and First Vice President Jeanne R. Rentezelas share their insights on the Bank’s 2023 accomplishments and what lies ahead. On this page, you can also learn more about some of our key initiatives and programs in 2023.
Relationships are at the core of our work to support a strong and stable economy. That means listening and learning from the communities we serve to help guide our approach to our mission.
In this role, Jeanne Rentezelas is committed to ensuring that our Bank remains a critical community partner across our District and a leader in excellence within the Federal Reserve System.
A visit to York, PA, with Federal Reserve Board Chair Jerome Powell offered an opportunity to see firsthand how partnerships are strengthening local workforce development efforts and helping local businesses thrive. Published October 6, 2023.
Whether on the job or on their own time, workers want to gain skills that provide stability and upward mobility. Our qualitative research gave us key insights into how workers’ expectations are evolving. Published October 17, 2023.
Economist Ryo Tashiro explains why his outreach work — listening to people’s day-to-day experiences — is essential for understanding the hard data and emerging trends, particularly on topics like inflation. Published March 9, 2023.
Over the years, our annual Fintech Conference has grown into an industry-leading event. Julapa Jagtiani, senior economic advisor and economist, leads this effort and shared details on the evolution of the conference and what may be next. Published November 13, 2023.
Meet Our Leadership, Board, and Councils
We rely on the talents and abilities of our employees and senior leaders as well as the expertise of our board of directors and advisory councils, whose insight and guidance help us carry out our mission of service to the Third District and the nation.
Financial Statements
Read the audited annual financial statements of the Federal Reserve Bank of Philadelphia as of and for the years ended December 31, 2023, and December 31, 2022, as well as the Board of Governors’ Statement of Auditor Independence here.
Annual Report Archives
Pictured in cover image: aerial view of Gloucester, New Jersey