Federal Reserve Bank of New York
‘Sharp tightening’ can create multiple equilibria – New York Fed paper
“Multimodality” means economy could be stuck in “bad equilibrium” for a long time, authors warn
People: Logan to head NY Fed market ops; Norges Bank deputy departs
Lorie Logan and others get senior roles at the New York Fed; deputy steps down early from Norges Bank; payments firm Sia names new chairman
New York Fed expands year-end repo operations
More cash to be made available both overnight and in term repos
Tribute to a great man
Peter Bakstansky highlights Paul Volcker’s legacy of probity and integrity
Signs of US banks’ year-end funding concerns continue
New York Fed’s second 42-day term operation oversubscribed by $18 billion
NY Fed’s Stiroh: ‘More work to be done’ on bank culture
Kevin Stiroh discusses progress in reforming banking culture and how technology is changing the risk management equation for both firms and supervisors
US banks show signs of year-end funding concerns
Banks demanded nearly twice the amount of cash on offer in NY Fed’s new term repo
Will the Fed pass its year-end funding test?
An unprecedented rate spike in September prompted the Fed to inject billions into funding markets. But will its efforts be enough to foil year-end pressures? Could opening the standing repo facility to foreign central banks help?
NY Fed unveils new measures to tackle year-end funding pressures
Fed is expecting a “sharp increase” in flows out of reserves during December, statement says
Supervisors must adapt to climate change risks – Fed official
Real impacts are already being felt and policy-makers must develop new tools, Kevin Stiroh says
New York Fed proposes three SOFR averages
Move is “important next step” in encouraging transition from Libor, official says
Fed stands ready to ease year-end funding squeeze, says Logan
New York Fed prepared to adjust recent market operations, says markets chief
Fed expands daily repo operations
Recent auctions show banks still have a strong demand for liquidity following last month’s rate spike
Fed unveils plan for ‘technical’ asset purchases
New York Fed will buy Treasuries “at least into the second quarter of next year”
NY Fed president sends warning on Libor transition
Firms “sticking their metaphorical heads in the sand” must act now, Williams says
Economists propose solutions to Fed’s liquidity problem
New York Fed prepares for sustained series of interventions in coming weeks
New York Fed injects liquidity for third straight day
Operation was oversubscribed for second day in a row, with banks requesting $83 billion
Fed balance sheet could surpass crisis-era peak by 2025
Central bank may start buying Treasuries outright as soon as this year, New York Fed report shows
Fed should scrap apolitical stance, urges former senior official
Dudley says Fed should set rates with Trump’s re-election chances in mind
Prices more responsive in longer buyer-seller relationships – NY Fed paper
Pass-through of exchange rate shocks could decrease during recession, research finds
Central banks face loss of independence – Central Banking survey
A new survey of Central Banking’s Editorial Advisory Board points to central banks facing existential challenges with little change in their frameworks or toolkits
Kansas Fed develops real-time GDP tracker
The tracker builds on previous work by combining two forecast models
NY Fed splits markets group and seeks two EVPs
Monetary policy implementation to be split from markets group after Potter’s departure
New York Fed forced to clarify Williams’ speech
Spokeswoman steps in after Williams appears to hint at more aggressive policy cut