Since opening for business on November 16, 1914, the Federal
Reserve Bank of Boston has been an integral part of the economic
life of the entire New England area. From the outbreak of World War
I through the technological challenges of Y2K and the dark days
following the attacks on September 11, 2001, the Boston Fed has
played a prominent role in providing stability and strength to the
region. Beyond its financial role, the story of the Boston Fed is
also the story of Boston and all of New England. The transformation
of the local economy, the changing face of the area's population
and workforce, the march of technology, the emerging roles of women
and minorities--all are reflected in the history of the bank, its
employees, and the people and institutions that it serves. As the
Fed approaches its centennial year, it looks back upon an era of
our nation's history unprecedented in both its challenges and
triumphs.
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