Working within the Federal Reserve System, the New York Fed implements monetary policy, supervises and regulates financial institutions and helps maintain the nation's payment systems.
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See the world's largest accumulation of gold as you learn about the New York Fed and Federal Reserve System on a free tour.
The latest Annual Report chronicles the impact of Federal Reserve policies and includes data on the New York Fed's operations.
Our economists engage in scholarly research and policy-oriented analysis on a wide range of important issues.
The Center for Microeconomic Data offers analysis and data exploring individual-level financial and nonfinancial economic conditions, expectations, and behavior in the United States.
Our model produces a "nowcast" of GDP growth, incorporating a wide range of macroeconomic data as it becomes available.
U.S. Economy in a Snapshot is a monthly presentation designed to give you a quick and accessible look at developments in the economy.
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 Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
Need to file a report with the New York Fed? Here are all of the forms, instructions and other information related to regulatory and statistical reporting in one spot.
The New York Fed works to protect consumers as well as provides information and resources on how to avoid and report specific scams.
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 New York Fed provides a wide range of payment services for financial institutions and the U.S. government.
The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
The New York Fed has been working with tri-party repo market participants to make changes to improve the resiliency of the market to financial stress.
The New York Fed engages with individuals, households and businesses in the Second District and maintains an active dialogue in the region. The Bank gathers and shares regional economic intelligence to inform our community and policy makers, and promotes sound financial and economic decisions through community development and education programs.
The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
The College Fed Challenge is a team competition for undergraduates inspired by the working of the Federal Open Market Committee.
The Community Credit interactive highlights credit conditions, including measures of credit inclusion and stress, at the national, state and county levels.
Kyle Herkenhoff |
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Senior Economist |
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Fields of interest
Macroeconomics, Empirical Macroeconomics, Consumer Finance, Real Estate Economics In 2019, Kyle Herkenhoff joined the micro function of the New York Fed. Kyle Herkenhoff is a visiting scholar at the Consumer Finance Institute (CFI) of the Philadelphia Fed and a visiting scholar at the Federal Reserve Bank of Minneapolis. He is currently on leave as an assistant professor of economics at the University of Minnesota. He received his Ph.D. from UCLA in 2014, and his research, which focuses on the interaction of labor markets and consumer credit markets, places equal weight on theory and empirics. Kyle is actively developing and estimating structural sorting models and building new databases in order to advance the profession's understanding of topics such as labor market power, credit market power, and the impact of credit access on labor market mobility, wage inequality, sorting, and aggregate productivity. Kyle’s research has been featured in journals such as the Review of Economic Studies and the Review of Financial Studies.sites.google.com/site/kyleherkenhoff ![]() |