The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The Outreach and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.
Prepared for the Federal Open Market Committee by the Markets Group of the Federal Reserve Bank of New York.
Open Market Operations during 2013
This report reviews the conduct of open market operations and other developments that influenced the System Open Market Account of the Federal Reserve in 2013. Highlighted are policies and operations conducted at the direction of the Federal Open Market Committee and resulting characteristics of the portfolio of domestic securities.