NY | Press Releases http://newyorkfed.org/rss/index.html The latest posts in the news http://www.newyorkfed.org/termsofuse.html New York Fed releases 2015 annual report https://www.newyorkfed.org/aboutthefed/annualreports.html New York Fed releases 2015 annual report 2016-04-06T17:28:17-04:00 en New York Fed releases 2015 annual report 2016-04-06 NYFed Thomas Baxter to Retire from New York Fed https://www.newyorkfed.org/newsevents/news/aboutthefed/2016/oa160317 The Federal Reserve Bank of New York announced that Thomas C. Baxter, Jr., general counsel and executive vice president, has announced his decision to retire from the Bank in September, 2016, after 36 years of service. Mr. Baxter also serves on the Bank’s Management Committee and as deputy general counsel for the Federal Open Market Committee. 2016-03-17T12:07:56-04:00 en Thomas Baxter to Retire from New York Fed 2016-03-17 NYFed Thomas Baxter New York Fed New Members Appointed to New York Fed’s Community Depository Institutions Advisory Council https://www.newyorkfed.org/newsevents/news/aboutthefed/2016/oa160308.html The Federal Reserve Bank of New York today announced the appointment of four new members to its Community Depository Institutions Advisory Council (CDIAC), effective immediately. 2016-03-08T11:07:49-04:00 en New Members Appointed to New York Fed’s Community Depository Institutions Advisory Council 2016-03-08 NYFed Federal Reserve Bank of New York Community Depository Institutions Advisory Council Community Depository Institutions Advisory Council https://www.newyorkfed.org/aboutthefed/ag_communitydepository.html html James McAndrews to Retire as Executive Vice President and Director of Research https://www.newyorkfed.org/newsevents/news/aboutthefed/2016/oa160307 James J. McAndrews, executive vice president of the Research and Statistics Group and Director of Research of the Federal Reserve Bank of New York, today announced his intention to retire from the Bank in June. 2016-03-07T12:51:02-04:00 en James McAndrews to Retire as Executive Vice President and Director of Research 2016-03-07 NYFed James McAndrews Director of Research Federal Reserve Bank of New York William C. Dudley Reappointed President of New York Fed; Michael Strine Reappointed First Vice President https://www.newyorkfed.org/newsevents/news/aboutthefed/2016/oa160219 The Federal Reserve Bank of New York today announced the reappointment of William C. Dudley and Michael Strine as president and first vice president of the Bank, respectively. 2016-03-03T14:18:29-04:00 en 2016-02-19 NYFed New York Fed Names 12 Vice Presidents and Five Senior Vice Presidents https://www.newyorkfed.org/newsevents/news/aboutthefed/2016/oa160128 The Federal Reserve Bank of New York announced that its board of directors has approved the promotion of 12 assistant vice presidents to vice president and five vice presidents to senior vice president. 2016-01-28T10:22:16-04:00 en New York Fed Names 12 Vice Presidents and Five Senior Vice Presidents 2016-01-28 NYFed New York Fed Names 18 Assistant Vice Presidents and 24 Officers https://www.newyorkfed.org/newsevents/news/aboutthefed/2016/oa160128a The Federal Reserve Bank of New York announced that its board of directors has approved the promotion of 18 officers to assistant vice president and named 24 new officers at the Bank. 2016-01-28T10:19:31-04:00 en New York Fed Names 18 Assistant Vice Presidents and 24 Officers 2016-01-28 NYFed James P. Gorman Elected as a Class A Director to New York Fed's Board of Directors http://www.newyorkfed.org/newsevents/news/aboutthefed/2015/oa151102.html The New York Fed announced that James P. Gorman, chairman and chief executive officer of Morgan Stanley, has been elected a Class A director representing Group 1, which consists of member banks with capital and surplus of more than $1 billion. Mr. Gorman will serve a three-year term beginning January 1, 2016. 2015-12-17T18:19:08-04:00 en James P. Gorman Elected as a Class A Director to New York Fed's Board of Directors 2015-11-02 NYFed Federal Reserve Bank of New York board of directors Class A director Glenn H. Hutchins Reelected as a Class B Director to New York Fed Board of Directors http://www.newyorkfed.org/newsevents/news/aboutthefed/2015/oa151102a.html The New York Fed announced that Glenn H. Hutchins has been reelected a Class B director of the New York Fed for a three-year term ending December 31, 2018. 2015-12-17T18:15:10-04:00 en Glenn H. Hutchins Reelected as a Class B Director to New York Fed Board of Directors 2015-11-02 NYFed Federal Reserve Bank of New York board of directors Class B director New York Fed Names Helen Mucciolo Executive Vice President and Head of the Corporate Group http://www.newyorkfed.org/newsevents/news/aboutthefed/2015/oa150706.html The New York Fed has appointed Helen Mucciolo executive vice president, principal financial officer, and head of the Bank's Corporate Group. Ms. Mucciolo’s appointment will be effective August 1, 2015. 2015-12-17T18:11:53-04:00 en New York Fed Names Helen Mucciolo Executive Vice President and Head of the Corporate Group 2015-07-06 NYFed New York Fed Names Joshua Rosenberg Executive Vice President and Chief Risk Officer http://www.newyorkfed.org/newsevents/news/aboutthefed/2015/oa150706a.html The New York Fed has named Joshua Rosenberg executive vice president, chief risk officer and head of the Risk Group effective July 16, 2015. 2015-12-17T18:09:13-04:00 en New York Fed Names Joshua Rosenberg Executive Vice President and Chief Risk Officer 2015-07-06 NYFed New York Fed Names 15 Assistant Vice Presidents and 31 Officers http://www.newyorkfed.org/newsevents/news/aboutthefed/2015/oa150702.html The New York Fed announced its board of directors has approved the promotion of 15 officers to assistant vice president and named 31 new officers. 2015-12-17T18:06:15-04:00 en New York Fed Names 15 Assistant Vice Presidents and 31 Officers 2015-07-02 NYFed New York Fed updates reverse repo counterparties list https://www.newyorkfed.org/markets/expanded_counterparties Deutsche Cash Management Master Portfolio changed its name to Government Cash Management Portfolio, T. Rowe Price Prime Reserve Fund changed its name to T. Rowe Price Government Money Portfolio, and Master Government Institutional Portfolio managed by Blackrock Advisors, LLC, changed its name to Master Treasury Strategies Institutional Portfolio, effective May 2, 2016. 2016-05-02T10:15:42-04:00 en New York Fed updates reverse repo counterparties list 2016-05-02 NYFed Primary dealers list updated https://www.newyorkfed.org/markets/pridealers_current.html Wells Fargo Securities, LLC has been added to the list of primary dealers, effective April 18, 2016. 2016-04-18T16:16:35-04:00 en Primary dealers list updated 2016-04-18 NYFed New York Fed updates reverse repo counterparties list https://www.newyorkfed.org/markets/expanded_counterparties BofA Cash Reserves and BofA Money Market Reserves merged into Blackrock TempFund, and BofA Treasury Reserves merged into Blackrock T-Fund, effective April 18, 2016. 2016-04-18T15:37:43-04:00 en New York Fed updates reverse repo counterparties list 2016-04-18 NYFed New York Fed Releases Open Market Operations 2015 Annual Report https://www.newyorkfed.org/markets/annual_reports.html This report reviews the conduct of open market operations and other developments that influenced the System Open Market Account of the Federal Reserve in 2015. 2016-04-14T10:06:59-04:00 en New York Fed Releases Open Market Operations 2015 Annual Report 2016-04-14 NYFed Open Market Operations 2015 Annual Report https://www.newyorkfed.org/medialibrary/media/markets/omo/omo2015-pdf.pdf pdf New York Fed updates reverse repo counterparties list https://www.newyorkfed.org/markets/expanded_counterparties RBC Prime Money Market Fund is no longer a reverse repo counterparty, effective March 25, 2016. 2016-03-28T15:40:57-04:00 en New York Fed updates reverse repo counterparties list 2016-03-28 NYFed New York Fed Publishes Revised Policy for Administration of Primary Dealer Relationships https://www.newyorkfed.org/markets/opolicy/operating_policy_160324 The New York Fed has updated primary dealer policy to include new geographic dispersion standards. 2016-03-24T11:01:10-04:00 en New York Fed Publishes Revised Policy for Administration of Primary Dealer Relationships 2016-03-24 NYFed Statement Regarding Treasury Securities Small Value Exercise https://www.newyorkfed.org/markets/opolicy/operating_policy_160218 The Open Market Trading Desk at the Federal Reserve Bank of New York has released a statement regarding Treasury Securities Small Value Exercise 2016-02-18T14:11:34-04:00 en Statement Regarding Treasury Securities Small Value Exercise 2016-02-18 NYFed Statement Regarding Small Value Exercises https://www.newyorkfed.org/markets/opolicy/operating_policy_160217 Statement regarding small value exercises from the Open Market Trading Desk at the Federal Reserve Bank of New York 2016-02-17T14:46:50-04:00 en Statement Regarding Small Value Exercises 2016-02-17 NYFed U.S. Monetary Authorities Did Not Intervene in FX Markets During the Fourth Quarter https://www.newyorkfed.org/newsevents/news/markets/2016/fx160211.html The U.S. monetary authorities did not intervene in the foreign exchange markets during the October—December quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress. 2016-02-11T16:09:12-04:00 en U.S. Monetary Authorities Did Not Intervene in FX Markets During the Fourth Quarter 2016-02-11 NYFed Statement Regarding the Implementation of Planned Changes to the Effective Federal Funds Rate and Publication of the Overnight Bank Funding Rate https://www.newyorkfed.org/markets/opolicy/operating_policy_160106 Statement Regarding the Implementation of Planned Changes to the Effective Federal Funds Rate and Publication of the Overnight Bank Funding Rate 2016-01-06T16:38:55-04:00 en Statement Regarding the Implementation of Planned Changes to the Effective Federal Funds Rate and Publication of the Overnight Bank Funding Rate 2016-01-06 NYFed Effective Federal Funds Rate Overnight Bank Funding Rate New York Fed Concludes the Mortgage Operations Counterparty Pilot Program https://www.newyorkfed.org/newsevents/news/markets/2016/an160106 The New York Fed concluded its Mortgage Operations Counterparty (MOC) Pilot Program on December 31, 2015. 2016-01-06T16:26:14-04:00 en New York Fed Concludes the Mortgage Operations Counterparty Pilot Program 2016-01-06 NYFed Statement Regarding Term Reverse Repurchase Agreements https://www.newyorkfed.org/markets/opolicy/operating_policy_151216a Statement Regarding Term Reverse Repurchase Agreements 2015-12-17T18:47:42-04:00 en Statement Regarding Term Reverse Repurchase Agreements 2015-12-16 NYFed Statement Regarding Overnight Reverse Repurchase Agreements https://www.newyorkfed.org/markets/opolicy/operating_policy_151216 Statement Regarding Overnight Reverse Repurchase Agreements 2015-12-17T18:46:05-04:00 en Statement Regarding Overnight Reverse Repurchase Agreements 2015-12-16 NYFed Statement Regarding Repurchase Agreements https://www.newyorkfed.org/markets/opolicy/operating_policy_151130 In connection with the Federal Open Market Committee's January 2015 Authorization for Domestic Open Market Operations, the New York Fed's Open Market Trading Desk intends to conduct a small-value repo operation on Wednesday, December 2. 2015-12-17T18:36:54-04:00 en Statement Regarding Repurchase Agreements 2015-11-30 NYFed Repurchase Agreements repo operation Reverse repo counterparties list updated https://www.newyorkfed.org/markets/expanded_counterparties Reverse repo counterparties list updated 2015-12-17T18:34:21-04:00 en Reverse repo counterparties list updated 2015-11-20 NYFed U.S. Monetary Authorities Did Not Intervene in FX Markets During the Third Quarter http://newyorkfed.org/newsevents/news/markets/2015/fx151112.html The U.S. monetary authorities did not intervene in the foreign exchange markets during the July-September quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress. 2015-12-17T18:24:40-04:00 en U.S. Monetary Authorities Did Not Intervene in FX Markets During the Third Quarter 2015-11-12 NYFed Full report http://newyorkfed.org/newsevents/news/markets/2015/fxq315.pdf pdf New York Fed Releases New Weekly Report on Oil Prices https://www.newyorkfed.org/newsevents/news/research/2016/an160502 The Federal Reserve Bank of New York today released a new weekly report that examines fluctuations in oil prices. 2016-05-02T15:48:09-04:00 en New York Fed Releases New Weekly Report on Oil Prices 2016-05-02 NYFed Oil Price Dynamics Report https://www.newyorkfed.org/research/policy/oil_price_dynamics_report html An Exercise in Macroprudential Policymaking https://www.newyorkfed.org/newsevents/news/research/2016/rp160324 A new Federal Reserve Bank of New York study examines a June 2015 tabletop exercise in which five Federal Reserve Bank presidents were presented with a hypothetical scenario that would lend itself to macroprudential considerations. 2016-03-24T14:08:43-04:00 en An Exercise in Macroprudential Policymaking 2016-03-24 NYFed Macroprudential Policy: A Case Study from a Tabletop Exercise https://www.newyorkfed.org/research/epr/2016/EPR_2016-adrian-macroprudential-policy html (Current and Future) Demand for Credit Increases for Younger Consumers https://www.newyorkfed.org/newsevents/news/research/2016/an160323 The New York Fed today released results from its February 2016 SCE Credit Access Survey, which provides information on consumers' experiences and expectations regarding credit demand and credit access. 2016-03-23T11:12:28-04:00 en (Current and Future) Demand for Credit Increases for Younger Consumers 2016-03-23 NYFed SCE Credit Access Survey Survey of Consumer Expectations SCE Credit Access Survey https://www.newyorkfed.org/microeconomics/sceIndex/credit-access.html#main html Consumers’ Inflation Expectations Rebound https://www.newyorkfed.org/newsevents/news/research/2016/an160314 Results from the February 2016 Survey of Consumer Expectations (SCE) suggest a rebound in expectations about inflation, and growth in home prices, earnings, income and spending. 2016-03-14T11:14:47-04:00 en Consumers’ Inflation Expectations Rebound 2016-03-14 NYFed Survey of Consumer Expectations https://www.newyorkfed.org/microeconomics/sceindex/index.html html New York Fed Launches College Labor Market Web Interactive https://www.newyorkfed.org/newsevents/news/research/2016/an160129 The Federal Reserve Bank of New York has launched a user-friendly web interactive that sheds light on trends in the labor market for recent college graduates, including new data on unemployment, underemployment, labor demand, and wages. 2016-01-29T14:25:14-04:00 en New York Fed Launches College Labor Market Web Interactive 2016-01-29 NYFed College Labor Market Web Interactive Labor Market for Recent College Graduates The Labor Market for Recent College Graduates https://www.newyorkfed.org/research/college-labor-market/index.html html Consumers Expect Lower Household Income, Earnings and Spending Growth https://www.newyorkfed.org/newsevents/news/research/2016/an160111 The December 2015 Survey of Consumer Expectations results indicate that median expected growth in household income, earnings and especially household spending all declined. 2016-01-11T11:22:54-04:00 en https://www.newyorkfed.org/newsevents/news/research/2016/an160111 0001-01-01 NYFed Survey of Consumer Expectations Consumers Household Income Earnings Spending Growth Survey of Consumer Expectations https://www.newyorkfed.org/microeconomics/sce/ html Analyzing the Equity Risk Premium https://www.newyorkfed.org/newsevents/news/research/2015/rp151221 The equity risk premium, the expected return on stocks in excess of the risk-free rate—reached heightened levels in 2012 and 2013 not seen since the 1970s, a recent New York Fed study finds. 2015-12-21T14:43:29-04:00 en Analyzing the Equity Risk Premium 2015-12-21 NYFed The Equity Risk Premium: A Review of Models https://www.newyorkfed.org/research/epr/2015/2015_epr_equity-risk-premium html Examining GCF Repo https://www.newyorkfed.org/newsevents/news/research/2015/rp151221b This new report provides a detailed look at the clearance and settlement of the General Collateral Finance Repo, a financial service provided by the Fixed Income Clearing Corporation. 2015-12-21T14:34:29-04:00 en Examining GCF Repo 2015-12-21 NYFed General Collateral Finance Repo GFC repo Fixed Income Clearing Corporation A Primer on the GCF Repo Service https://www.newyorkfed.org/research/epr/2015/2015_EPR_primer-on-the-gcf-repo.html html Consumers' Inflation Expectations Dip https://www.newyorkfed.org/newsevents/news/research/2015/an151211 The November 2015 Survey of Consumer Expectations recorded the lowest inflation expectations (both short and medium term) since the inception of the survey in June 2013. 2015-12-17T18:43:01-04:00 en Consumers' Inflation Expectations Dip 2015-12-11 NYFed Survey of Consumer Expectations https://www.newyorkfed.org/microeconomics/sce html New York Fed Report Finds Advances in Auto Loans, Mortgage Originations https://www.newyorkfed.org/newsevents/news/research/2015/rp151119 Auto debt continued its upward climb during the third quarter of 2015, according to the Federal Reserve Bank of New York’s Quarterly Report on Household Debt and Credit. 2015-12-17T18:32:39-04:00 en New York Fed Report Finds Advances in Auto Loans, Mortgage Originations 2015-11-19 NYFed Household Debt and Credit Report https://www.newyorkfed.org/microeconomics/hhdc.html html Consumers' Credit Market Experiences and Expectations Mostly Stable https://www.newyorkfed.org/newsevents/news/research/2015/an151118 The New York Fed today released results from its October 2015 SCE Credit Access Survey, which provides information on consumers' experiences and expectations regarding credit demand and credit access. 2015-12-17T18:26:32-04:00 en Consumers' Credit Market Experiences and Expectations Mostly Stable 2015-11-18 NYFed Consumers Anticipate Better Labor Market, Mixed Inflation Outcomes http://newyorkfed.org/newsevents/news/research/2015/an151109.html Expectations in the October 2015 Survey of Consumer Expectations (SCE) appear mixed. 2015-12-17T18:21:33-04:00 en Consumers Anticipate Better Labor Market, Mixed Inflation Outcomes 2015-11-19 NYFed Survey of Consumer Expectations http://www.newyorkfed.org/microeconomics/sce/ html Approval of Application by The Adirondack Trust Company Employee Stock Ownership Trust https://www.newyorkfed.org/newsevents/news/banking/2016/ma160108 The Federal Reserve Bank of New York approved the application by The Adirondack Trust Company Employee Stock Ownership Trust, Saratoga Springs, New York, to acquire fifty additional shares of 473 Broadway Holding Corporation and two thousand additional shares of The Adirondack Trust Company, both of Saratoga Springs, New York. 2016-01-28T10:16:22-04:00 en Approval of Application by The Adirondack Trust Company Employee Stock Ownership Trust 2016-01-08 NYFed Update on Tri-Party Repo Infrastructure Reform http://newyorkfed.org/newsevents/statements/2015/0624_2015.html The New York Fed has released an update on tri-party repo infrastructure reform. 2015-12-17T18:03:51-04:00 en Update on Tri-Party Repo Infrastructure Reform 2015-06-24 NYFed Federal Reserve Banks Release Report on Credit Experiences of Small Businesses https://www.newyorkfed.org/newsevents/news/regional_outreach/2016/an160303 The 2015 Small Business Credit Survey: Report on Employer Firms released today presents a largely optimistic picture for small firms in the United States. 2016-03-03T14:16:45-04:00 en Federal Reserve Banks Release Report on Credit Experiences of Small Businesses 2016-03-03 NYFed Federal Reserve Banks Report on Credit Experiences of Small Businesses small business survey 2015 Small Business Credit Survey: Report on Employer Firms https://www.newyorkfed.org/smallbusiness/small-business-credit-survey-employer-firms-2015 html