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Atlanta Federal Reserve

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Atlanta Federal Reserve
The Federal Reserve Bank that oversees banking in Alabama, Florida, Georgia, and parts of Louisiana, Mississippi and Tennessee. It has the authority to regulate member banks in its region, as well as to help regulate the money supply. Every member bank in the region is required to buy stock in the Atlanta Federal Reserve Bank in order to support its efforts.


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Atlanta Federal Reserve regional chief Dennis Lockhart also said that the crisis could lead to a broad shock for financial markets which "could play out in the banking system or in the form of a general retreat from sovereign debt.
The Greek debt crisis may directly affect the US economy by hitting American exports and the financial system, Atlanta Federal Reserve regional chief Dennis Lockhart warned Monday.
Eisenbeis, a retired director of research at the Atlanta Federal Reserve and an economist for money manager Cumberland Advisors.
 
 
 
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