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Each Federal Reserve Bank has a research staff to gather and analyze a wide range of economic data and to interpret conditions and developments in the economy. This research assists the FOMC in the formulation and implementation of monetary policy. It also contributes to informed decision making by the Federal Reserve Banks in bank supervisory matters and other areas. Most Reserve Banks publish a monthly or quarterly journal devoted to basic research and analysis of current economic issues in their District.

The Federal Reserve Banks also provide Depository Institution Services such as Currency and Coin, Check Processing, Wire Transfers, and Automated Clearinghouses to banks in their district.

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