Federal Reserve Bank of New York

Money Market Conditions and the Federal Reserve’s Balance Sheet

Indeed, as the balance sheet shrank, money market conditions gradually tightened, and we observed first the reemergence of repo-rate volatility on month- and quarter-ends ( Panel 5 ), then pressure ...
Federal Reserve Bank of New York

Balance Sheet Reduction: Progress to Date and a Look Ahead

Remarks at 2024 Annual Primary Dealer Meeting, Federal Reserve Bank of New York, New York City As prepared for delivery ...
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

Money Markets and the Federal Funds Rate: The Path Forward

Good afternoon, everyone. When I give a closing keynote I try to bear in mind that you’ve been listening for hours to complex and technical material. I wish I could say that I’m here to offer some ...
Federal Reserve Bank of New York

Central Clearing in the U.S. Treasury Market: The Why and the How

Remarks at the Treasury Clearing Forum: The Evolution of Agency Clearing, Futures Industry Association (FIA), 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

Federal Reserve Asset Purchases: The Pandemic Response and Considerations Ahead

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

Evolving Consumer Behavior

Remarks at the National Retail Federation Annual Convention, Jacob K. Javits Convention Center, New York City As prepared for delivery ...
Federal Reserve Bank of New York

Observations on Implementing Monetary Policy in an Ample-Reserves Regime

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

A Return to Operating with Abundant Reserves

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

Remarks on the Panel “Bank Crisis Framework: Learning from Experience”

Remarks at the Paris Meeting of the Committee on International Monetary Law of the International Law Association (MOCOMILA), Paris, France As prepared for delivery ...