Board of Governors of the Federal Reserve System
The Board of Governors of the Federal Reserve System, also referred to as the Federal Reserve Board, is the main governing body of the Federal Reserve System. Its purpose is to oversee the Federal Reserve Banks and to assist in the implementation of the monetary policy of the U.S. The Federal Reserve Bank is the central bank of the United States. Its purpose is to provide the U.S. with a stable monetary and financial system. The Research division of the Federal Reserve Bank of St. Louis maintains a database called FRED that contains a vast archive of economic data that can be viewed in graphical and text form or downloaded for import to a database or spreadsheet, and viewed on mobile devices. Coverage includes banking, business/fiscal, consumer price indexes, employment and population, exchange rates, gross domestic product, interest rates, monetary aggregates, producer price indexes, reserves and monetary base, U.S. trade and international transactions.