http://newyorkfed.org/rss/index.html The latest posts in the news http://www.newyorkfed.org/termsofuse.html https://www.newyorkfed.org/newsevents/news/aboutthefed/2016/oa160914 The New York Fed today announced that Alberto G. Musalem, executive vice president and head of the Integrated Policy Analysis Group (IPA), has announced his decision to resign from the Bank effective January 6th, 2017. On October 1st, 2016, Mr. Musalem will assume the role of senior advisor to the president of the New York Fed, William C. Dudley. 2016-09-14T15:47:01-04:00 en Alberto Musalem to Resign from New York Fed 2016-09-14 NYFed Alberto Musalem New York Fed Federal Reserve Bank of New York https://www.newyorkfed.org/newsevents/news/aboutthefed/2016/oa160812 The Federal Reserve Bank of New York has named Michael Held executive vice president, head of the Legal Group and general counsel effective August 15, 2016. 2016-08-12T12:34:39-04:00 en New York Fed Names Michael Held Executive Vice President and General Counsel 2016-08-12 NYFed Michael Held General Counsel https://www.newyorkfed.org/newsevents/news/aboutthefed/2016/oa160728 The Federal Reserve Bank of New York today announced that Denise Scott, executive vice president for programs at the Local Initiatives Support Corporation (LISC), has been appointed a Class C director of the New York Fed by the Board of Governors of the Federal Reserve System. 2016-07-29T10:28:06-04:00 en LISC’s Denise Scott to Join New York Fed Board of Directors 2016-07-29 NYFed New York Fed Board of Directors Denise Scott https://www.newyorkfed.org/newsevents/news/aboutthefed/2016/oa160531 Roseann Stichnoth, executive vice president of the Financial Services Group of the Federal Reserve Bank of New York, today announced her intention to retire from the Bank in late August. 2016-05-31T15:50:32-04:00 en Roseann Stichnoth to Retire as Executive Vice President and Head of the Financial Services Group; Wholesale Product Office to be Combined into Financial Services Group 2016-05-31 NYFed Roseann Stichnoth Financial Services Group Wholesale Product Office 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 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 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 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 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 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 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 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 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 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 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 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 https://www.newyorkfed.org/markets/expanded_counterparties Federal Home Loan Bank of Indianapolis has been added to the list of reverse repo counterparties, effective September 26, 2016. 2016-09-26T10:08:35-04:00 en New York Fed updates reverse repo counterparties list 2016-09-26 NYFed reverse repo counterparties Federal Home Loan Bank of Indianapolis https://www.newyorkfed.org/markets/opolicy/operating_policy_160809 the New York Fed's Open Market Trading Desk intends to conduct a small value Treasury purchase operation, which will occur on Tuesday, August 16, 2016, beginning around 10:15 AM ET and ending at 11:00 AM ET. 2016-08-09T14:11:03-04:00 en Statement Regarding Treasury Securities Small Value Exercise 2016-08-09 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_160517b The New York Fed's Open Market Trading Desk intends to conduct a small value repo operation, which will occur on Wednesday, May 25, 2016, beginning around 9:40 AM ET and ending at 9:50 AM ET. 2016-05-17T15:35:31-04:00 en Statement Regarding Repurchase Agreements 2016-05-17 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_160517a The New York Fed's Open Market Trading Desk intends to conduct a small value Treasury sale operation, which will occur on Tuesday, May 24, 2016, beginning around 10:15 AM ET and ending at 11:00 AM ET. 2016-05-17T15:33:23-04:00 en Statement Regarding Treasury Securities Small Value Exercise 2016-05-17 NYFed https://www.newyorkfed.org/markets/opolicy/operating_policy_160517 The New York Fed’s Open Market Trading Desk intends to conduct two small value agency MBS sales operations, which will occur on Wednesday, May 25, 2016 and Wednesday, June 1, 2016, beginning around 2:00 PM ET and ending at 2:30 PM ET. 2016-05-17T15:27:24-04:00 en Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise 2016-05-17 NYFed Schedule https://www.newyorkfed.org/medialibrary/media/markets/ambs/smallvalue-AMBS-schedule-pdf.pdf pdf 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 https://www.newyorkfed.org/newsevents/news/research/2016/an160912 The August 2016 Survey of Consumer Expectations shows an increase in both short-term and medium-term inflation expectations. 2016-09-12T11:37:11-04:00 en Consumers’ Inflation and Household Finance Expectations Strengthen 2016-09-12 NYFed Consumers’ Inflation and Household Finance Expectations Strengthen https://www.newyorkfed.org/microeconomics/sceIndex/index.html https://www.newyorkfed.org/newsevents/news/research/2016/rp160809 The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit, which reported that household debt increased by $35 billion (a 0.3 percent increase) to $12.29 trillion during the second quarter of 2016. 2016-08-09T11:43:24-04:00 en Household Debt Balances Increase Slightly, Boosted By Growth In Auto Loan And Credit Card Balances 2016-08-09 NYFed Quarterly Report on Household Debt and Credit https://www.newyorkfed.org/microeconomics/hhdc.html html https://www.newyorkfed.org/newsevents/news/research/2016/an160808 Results from the July 2016 Survey of Consumer Expectations show steady short-term inflation expectations but a decline in medium-term inflation expectations. 2016-08-09T11:41:54-04:00 en Consumers’ Income and Spending Growth Expectations Strengthen, while Labor Market Expectations Weaken 2016-08-08 NYFed Survey of Consumer Expectations https://www.newyorkfed.org/microeconomics/sceIndex/index.html html https://www.newyorkfed.org/newsevents/news/research/2016/an160711 Results from the June 2016 Survey of Consumer Expectations show a rebound in earnings and income growth expectations. 2016-07-11T11:31:45-04:00 en Consumers’ Earnings and Income Growth Expectations Rebound while Medium-Term Inflation Expectations Rise 2016-07-11 NYFed Survey of Consumer Expectations https://www.newyorkfed.org/microeconomics/sceIndex/index.html html https://www.newyorkfed.org/newsevents/news/research/2016/an160613 Results from the May 2016 Survey of Consumer Expectations (SCE) indicate that inflation expectations remained essentially unchanged. 2016-06-13T11:18:58-04:00 en Consumers Expect Slower Earnings and Income Growth, Rebound in Job Finding Prospects 2016-06-13 NYFed Survey of Consumer Expectations https://www.newyorkfed.org/microeconomics/sceIndex/index.html html https://www.newyorkfed.org/newsevents/news/research/2016/an160602 The New York Fed today released results from its February 2016 SCE Housing Survey, which provides information on consumers' housing-related experiences and expectations. 2016-06-02T11:27:24-04:00 en Home Price Growth Expectations Decline, but Consumers’ Outlook on Housing Remains Positive 2016-06-02 NYFed SCE Housing Survey https://www.newyorkfed.org/microeconomics/sceIndex/housing.html#main html 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 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 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 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 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 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 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 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 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 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 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 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 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 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 https://www.newyorkfed.org/newsevents/news/regional_outreach/2016/an160803 The Federal Reserve Bank of New York today issued Regional Household Debt and Credit Snapshots, which examine borrowing and indebtedness trends throughout the Federal Reserve’s Second District, and are analogous to the national Quarterly Report on Household Debt and Credit. 2016-08-09T11:36:55-04:00 en New York Fed Examines Regional Household Debt and Credit Trends 2016-08-03 NYFed Regional Household Debt and Credit Snapshots Quarterly Report on Household Debt and Credit Regional Household Debt and Credit Snapshots https://www.newyorkfed.org/outreach-and-education/regional-household-credit.html html 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