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 ...

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 ...

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 ...

Wilbert van der Klaauw'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 Stern School of Business, New York City As prepared for delivery ...

1 Board of Governors of the Federal Reserve System, Statement Regarding Monetary Policy Implementation, October 11, 2019; Federal Reserve Bank of New York, Statement Regarding Treasury Bill Purchases ...

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 ...

Remarks before the Foreign Exchange Committee, Federal Reserve Bank of New York, New York City As prepared for delivery ...

The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry. Need to file a report with ...