http://newyorkfed.org/rss/index.html The latest posts in the news http://www.newyorkfed.org/termsofuse.html http://www.newyorkfed.org/newsevents/news/research/2009/rp090615.html The Federal Reserve Bank of New York today released Why Did FDR's Bank Holiday Succeed?, a new forthcoming article in the Bank's Economic Policy Review series. Author William L. Silber indentifies a number of forces that contributed to the success of the nationwide Bank Holiday declared by President Franklin Delano Roosevelt in March 1933, which formally suspended all banking transactions. These include the federal government assuming responsibility for the integrity of the payments system, de facto 100 percent deposit guarantees at reopened banks and the willingness of the President to act quickly and decisively. 2009-06-15T14:02:52-4:00 en Why Did FDR's Bank Holiday Succeed? NYFed Why Did FDR's Bank Holiday Succeed? http://www.newyorkfed.org/newsevents/news/research/2009/rp090615.html The Federal Reserve Bank of New York today released Why Did FDR's Bank Holiday Succeed?, a new forthcoming article in the Bank's Economic Policy Review series. Author William L. Silber indentifies a number of forces that contributed to the success of the nationwide Bank Holiday declared by President Franklin Delano Roosevelt in March 1933, which formally suspended all banking transactions. These include the federal government assuming responsibility for the integrity of the payments system, de facto 100 percent deposit guarantees at reopened banks and the willingness of the President to act quickly and decisively. http://www.newyorkfed.org/survey/empire/empiresurvey_overview.html?date=051509 Conditions for New York manufacturers worsened only modestly in May 2009-05-15T08:52:18-4:00 en Conditions for New York manufacturers worsened only modestly in May NYFed Conditions for New York manufacturers worsened only modestly in May http://www.newyorkfed.org/survey/empire/empiresurvey_overview.html?date=051509 Conditions for New York manufacturers worsened only modestly in May http://www.newyorkfed.org/survey/empire/empiresurvey_overview.html?adte=041509 The Empire State Manufacturing Survey indicates that conditions for New York manufacturers deteriorated significantly in March. The general business conditions index fell to a fresh low of -38.2. The new orders and shipments indexes also dropped sharply to new record lows, and the inventories index declined to its lowest level since 2001. The indexes for both prices paid and prices received remained negative for a fourth consecutive month. Employment indexes remained close to their recent lows. Future indexes were somewhat higher than in February, but the six-month outlook continued to be very subdued, with capital spending and technology spending indexes falling to record lows. 2009-04-15T08:33:40-4:00 en Conditions for New York manufacturers continued to deteriorate in April 2009-04-15 NYFed Conditions for New York manufacturers continued to deteriorate in April http://www.newyorkfed.org/survey/empire/empiresurvey_overview.html?adte=041509 The Empire State Manufacturing Survey indicates that conditions for New York manufacturers deteriorated significantly in March. The general business conditions index fell to a fresh low of -38.2. The new orders and shipments indexes also dropped sharply to new record lows, and the inventories index declined to its lowest level since 2001. The indexes for both prices paid and prices received remained negative for a fourth consecutive month. Employment indexes remained close to their recent lows. Future indexes were somewhat higher than in February, but the six-month outlook continued to be very subdued, with capital spending and technology spending indexes falling to record lows. http://www.newyorkfed.org/newsevents/news/research/2009/rp090327.html The Federal Reserve Bank of New York today released The Case for TIPS: An Examination of the Costs and Benefits, an article forthcoming in the Bank's Economic Policy Review series. Authors William C. Dudley, Jennifer Roush and Michelle Steinberg Ezer argue that the ex ante costs of Treasury Inflation-Protected Securities (TIPS) issuances are about equal to the costs of nominal Treasury issuances and that TIPS provide meaningful benefits to investors and policymakers. 2009-03-27T15:13:37-4:00 en The Case for TIPS: An Examination of the Costs and Benefits 2009-03-27 NYFed The Case for TIPS: An Examination of the Costs and Benefits http://www.newyorkfed.org/newsevents/news/research/2009/rp090327.html The Federal Reserve Bank of New York today released The Case for TIPS: An Examination of the Costs and Benefits, an article forthcoming in the Bank's Economic Policy Review series. Authors William C. Dudley, Jennifer Roush and Michelle Steinberg Ezer argue that the ex ante costs of Treasury Inflation-Protected Securities (TIPS) issuances are about equal to the costs of nominal Treasury issuances and that TIPS provide meaningful benefits to investors and policymakers. http://www.newyorkfed.org/markets/pomo/display/index.cfm?date=032709 New York Fed purchases $7.541 billion in Treasury securities 2009-03-27T11:27:19-4:00 en New York Fed purchases $7.541 billion in Treasury securities 2009-03-27 NYFed New York Fed purchases $7.541 billion in Treasury securities http://www.newyorkfed.org/markets/pomo/display/index.cfm?date=032709 New York Fed purchases $7.541 billion in Treasury securities http://www.newyorkfed.org/survey/empire/empiresurvey_overview.html?date=031609 The Empire State Manufacturing Survey indicates that conditions for New York manufacturers deteriorated significantly in March. The general business conditions index fell to a fresh low of -38.2. The new orders and shipments indexes also dropped sharply to new record lows, and the inventories index declined to its lowest level since 2001. The indexes for both prices paid and prices received remained negative for a fourth consecutive month. Employment indexes remained close to their recent lows. Future indexes were somewhat higher than in February, but the six-month outlook continued to be very subdued, with capital spending and technology spending indexes falling to record lows. 2009-03-16T08:45:15-4:00 en Conditions for New York manufacturers deteriorated significantly in March 2009-03-16 NYFed Conditions for New York manufacturers deteriorated significantly in March http://www.newyorkfed.org/survey/empire/empiresurvey_overview.html?date=031609 The Empire State Manufacturing Survey indicates that conditions for New York manufacturers deteriorated significantly in March. The general business conditions index fell to a fresh low of -38.2. The new orders and shipments indexes also dropped sharply to new record lows, and the inventories index declined to its lowest level since 2001. The indexes for both prices paid and prices received remained negative for a fourth consecutive month. Employment indexes remained close to their recent lows. Future indexes were somewhat higher than in February, but the six-month outlook continued to be very subdued, with capital spending and technology spending indexes falling to record lows. http://www.newyorkfed.org/survey/empire/empiresurvey_overview.html?date=021709 Conditions for New York manufacturers deteriorated significantly in February 2009-02-17T08:36:58-4:00 en Conditions for New York manufacturers deteriorated significantly in February 2009-02-17 NYFed Conditions for New York manufacturers deteriorated significantly in February http://www.newyorkfed.org/survey/empire/empiresurvey_overview.html?date=021709 Conditions for New York manufacturers deteriorated significantly in February http://www.newyorkfed.org/newsevents/news/research/2009/rp090112.html The Federal Reserve Bank of New York today released the latest article in its series Current Issues in Economics and Finance. 2009-01-12T11:09:03-4:00 en What's Behind Volatile Import Prices from China? 2009-01-12 NYFed What's Behind Volatile Import Prices from China? http://www.newyorkfed.org/newsevents/news/research/2009/rp090112.html The Federal Reserve Bank of New York today released the latest article in its series Current Issues in Economics and Finance.