Federal Reserve Bank of New York

Effective January 31, 2025, SMBC Nikko Securities America, Inc. has been added to the list of primary dealers.

Daiwa Capital Markets America Inc. Deutsche Bank Securities Inc.
Federal Reserve Bank of New York

Reserve Management and the Fed’s System Open Market Account: Recent Experience and Insights from Surveys

It is a pleasure to join this year’s Financial Markets Conference. Thank you to the organizers at the Atlanta Fed for the invitation to speak today. In my remarks this morning, I will first discuss ...
Federal Reserve Bank of New York

Reflections on the Early Days of Reserve Management Purchases and the Maintenance of Ample Reserves

As the System Open Market Account (SOMA) Manager, it is my responsibility to brief the Federal Open Market Committee (FOMC) on financial market developments and oversee the Open Market Trading Desk’s ...
Federal Reserve Bank of New York

Monetary Policy Implementation in an Ample Reserves Regime

Remarks at the Fixed Income Analysts Society, Inc., Women in Fixed Income Conference, Federal Reserve Bank of New York, New York City As prepared for delivery ...
Federal Reserve Bank of New York

Money Market Conditions and the Federal Reserve’s Balance Sheet

Remarks at 2025 U.S. Treasury Market Conference, Federal Reserve Bank of New York, New York City As prepared for delivery ...
Federal Reserve Bank of New York

Short-Term Inflation Expectations Tick Up, Job Finding Expectations Reach Series Low

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 ...
Federal Reserve Bank of New York

On the Optimal Supply of Reserves

Remarks at the New York Fed – Columbia SIPA Monetary Policy Implementation Workshop, Federal Reserve Bank of New York, New York City As prepared for delivery ...
Federal Reserve Bank of New York

The Evolution of the Federal Reserve’s Monetary Policy Implementation Framework

Remarks at the New York Fed – Columbia SIPA Monetary Policy Implementation Workshop, Federal Reserve Bank of New York, New York City As prepared for delivery ...
Federal Reserve Bank of New York

Project Pine: Central Bank Open Market Operations With Smart Contracts

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 ...
Federal Reserve Bank of New York

Current Issues in Monetary Policy Implementation

Remarks before the Money Marketeers of New York University, New York City As prepared for delivery ...
Federal Reserve Bank of New York

An Economy That Works for All: Housing Affordability

At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial ...
Federal Reserve Bank of New York

Consumers Report Higher Credit Rejection Rates, Expect Fewer Credit Applications

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 ...