In January 2019, after a series of discussions around long-run frameworks for monetary policy implementation, the FOMC communicated its intention to maintain an ample supply of reserves, affirming the ...

Indeed, if the uncertainty is great enough, the optimal level of reserves can exceed the cutoff for abundant reserves under no uncertainty. That is, uncertainty can imply that it is optimal to supply ...

As part of our core mission, we supervise and regulate financial institutions in the Second District. Our primary objective is to maintain a safe and competitive U.S. and global banking system. The ...

At the New York Fed, we use data visualization as a communications tool. Data is both quantitative and qualitative. It can include statistics, words, pictures and sounds. Our approach to information ...

The Desk plans to purchase a maximum of $6.73 billion in agency MBS over the week beginning May 27, 2014 on FedTrade. In addition to its FedTrade operations, the Desk plans to purchase approximately ...

The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities. The growing role of nonbank ...