Past Annual Reports

2007 Annual Report

• Message from the President
• The Economy and Monetary Policy
• Chicago Fed Highlights of 2007
• Main Article: Turmoil & Innovation
• Studying Financial Markets
• Providing Confidence in Times of Turmoil
• Financial Statements (PDF,824KB)
• Entire Annual Report (PDF,4MB)

2006 Annual Report

• Message from the President
• Main Article: Stability in Times of Change
• Chicago Fed Highlights of 2006
• Financial Statements (PDF,108KB)
• Entire Annual Report (PDF,1.4MB)

2005 Annual Report

• Message from the President
• Reflections on Monetary Policy: Flexibility, Transparency and Inflation Guidelines
• Chicago Fed Highlights of 2005
• Financial Statements (PDF,277KB)
• Entire Annual Report (PDF,1.5MB)

2004 Annual Report

• Message from the President
• Main Article: Community Banks At Their Best: Serving Local Financial Needs
• Chicago Fed Highlights of 2004
• Financial Statements (PDF,600KB)
• Entire Annual Report (PDF,3.6MB)

2003 Annual Report

• Message from the President
• Main Article: Shifiting to New Payment System Standards
• Flexible Check 21 Law Sets Stage for Innovation
• Electronic Payment Volume Hits 'Tipping Point'
• Standards Are All Around Us
• Financial Statements (PDF,180KB)
• Entire Annual Report (PDF,1.3MB)

2002 Annual Report (PDF,1.5MB)
Driving the Future: The Auto Industry at a Crossroads

2001 Annual Report (PDF,2.94MB)
Inspiring Confidence - The Fed's Response to 9/11

2000 Annual Report (PDF,1.39MB)
The Power to Participate

1999 Annual Report (PDF,1.76MB)
The E-conomy? E-Commerce is Changing How We Work and Live

1998 Annual Report (PDF,1.85MB)
A World of Choices: Are We Better off with International Trade?