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 ...

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 ...

The New York Fed made available the agreements related to the emergency facilities authorized by the Board of Governors of the Federal Reserve System and approved by the Secretary of the Treasury that ...

Under Section 4 of the Federal Reserve Act, each Federal Reserve Bank, including the Federal Reserve Bank of New York, operates pursuant to the supervision of a Board of Directors, in addition to the ...