Federal Reserve Internship

So I'm a freshman at a target school and I got an offer to intern as an economic research assistant at one of the Federal Reserve Banks. I'm just wondering how good of an offer this is and how well it will position me for sophomore summer recruiting. I had some other offers from small PE shops but I went with the FED cause I thought maybe it would have more name recognition. was this a mistake?? Also if anyone has interned at the federal reserve I would appreciate any information on how your experience was

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