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.
This online quarterly spotlights recent published work from the Research and Statistics Group in a newsletter format.
Research Update presents summaries of key studies, a complete list of new titles in the Group's research series and Liberty Street Economics blog, announcements of upcoming conferences, and feature articles providing additional insight on current research.
Liberty Street Economics bloggers Wilbert van der Klaauw, Basit Zafar, and Meta Brown offer perspectives on recent consumer spending trends, Tobias Adrian and his colleagues demystify shadow banking, and more.
Linda Goldberg and her coauthors address the appropriate level of foreign exchange balances for industrialized countries, James Vickery and Joshua Wright examine the liquidity benefits of the TBA market, and more.