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About Markets & Policy Implementation
The New York Fed operates in global financial markets in a number of capacities to support the Federal Reserve’s monetary policy and financial stability objectives. It also does so in serving as fiscal agent of the United States, as may be required by the U.S. Treasury. The New York Fed also operates in global financial markets in providing banking services to about 200 central banks, governments, and international official institutions that hold U.S. dollar accounts at the New York Fed.
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