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Federal Reserve Bank of Boston

The Federal Reserve Bank of Boston is one of 12 Reserve Banks that, together with the Board of Governors in Washington DC and the Federal Open Market Committee (FOMC), comprise the Federal Reserve System. The Federal Reserve Bank of Boston is also referred to as the Boston Fed.

The Boston Fed serves the First Federal Reserve District, covering Maine, Massachusetts, New Hampshire, Rhode Island, Vermont and all of Connecticut except Fairfield County. The bank’s code is A1, which means dollar bills that originate from this bank have the letter A on them. The Boston Fed also includes the New England Public Policy Center.

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Bitcoin

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people operating under the name Satoshi Nakamoto. Bitcoin uses peer-to-peer...

Central Bank

A central bank is an institution that manages the currency and monetary policy of a state or formal monetary union, and oversees their commercial...

Fractional Reserve Banking

Fractional reserve banking is the most common form of banking practiced by commercial banks worldwide. It involves banks accepting deposits from customers and making...

Reserve Bank of New Zealand

The Reserve Bank of New Zealand is New Zealand's central bank. It was established in 1934, and although not a government department, has been...

Pip

What Is a Pip? Pip is an acronym for "percentage in point". A pip is the smallest price move that an exchange rate can make...