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 ...

1 Annualized as a four-quarter moving sum. 2 Rates represent annualized shares of balances transitioning into delinquency. Flow into serious delinquency is computed as the balances that have newly ...

The Foreign Exchange Committee (FXC) is a group of private-market participants engaged in foreign currency trading in the United States. Founded in 1978, it is sponsored by the Federal Reserve Bank of ...

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 ...

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 ...

Thomas Klitgaard's CV The views expressed in the papers listed on this page are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the ...

Remarks before the Money Marketeers of New York University (delivered via videoconference) As prepared for delivery ...

Remarks at New York University’s Stern School of Business (delivered via videoconference) As prepared for delivery ...