Diversity and inclusion efforts at the Board support the execution of the Board's mission by ensuring that the organization's workforce is diverse and that policies and practices support an inclusive culture, not only in a manner that complies with all applicable laws, but also to provide equal opportunity for all employees to realize their full potential and to cultivate business relationships with diverse suppliers.
The Federal Reserve has three primary goals with interrelated and mutually reinforcing elements:
1) To conduct monetary policy toward the achievement of maximum sustainable long-term growth; price stability fosters that goal.
2) To promote a safe, sound, competitive, and accessible banking system and stable financial markets through supervision and regulation of the nation's banking and financial systems, through its function as the lender of last resort, and through effective implementation of statutes designed to inform and protect the consumer.
3) To foster the integrity, efficiency, and accessibility of U.S. dollar payment and settlement systems, issue currency, and act as the fiscal agent and depository of the U.S. government.
The values of the Federal Reserve, which guide its organizational decisions and its employees' actions, include:
• Commitment to the public interest -- The Federal Reserve endeavors to provide service to the public, the U.S. government, and the financial community that is consistent with its mandate. It expects to be held accountable to the public it serves.
• Integrity -- The Federal Reserve seeks to adhere to the highest standards of honesty, fairness, and discretion in its dealings with the public, the financial community, and its employees.
• Quality and excellence -- The Federal Reserve strives for excellence, embracing prudent change and innovation.
• Independence of views and careful analysis -- The Federal Reserve values the regional nature of the System as well as the diversity of its employees; input from a variety of sources; independent professional judgment; thorough and careful analysis; and the integration of these components through teamwork into coherent, effective policies.
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