Out of the 12 Federal Reserve Banks of the Federal Reserve System (Fed) in the United States, the Federal Reserve Bank of New York held by far the highest value of U.S. Treasury securities in 2022.

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It's their primary mission to manage inflation without causing the economy into a serious recession." When the Federal Reserve raises rates, the interest rate on your savings account will.

Customer Care of Federal Bank is available any time to serve the customers. Federal Bank Customer Care Toll Free Number 1800 420 1199 (Phone Banking) 1800 425 1199 (Phone Banking) Federal Bank Customer Care All India Number 080-61991199 (Queries related to remittance- from abroad) 0484-2626366 (Grievances) 0484-2201639 (MSME Complaints and Queries)