Observations on implementing monetary policy in an ample-reserves regime: remarks before the Money Marketeers of New York University, New York City

Speech

Abstract: Remarks before the Money Marketeers of New York University, New York City.

Keywords: floor system; FOMC; the Desk; ample-reserves regime; Balance Sheet Normalization Principles and Plans; monetary policy implementation; demand for reserves; lowest comfortable level of reserves (LCLoR); SOMA portfolio; reserve buffer; TGA; mortgage-backed securities (MBS);

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Provider: Federal Reserve Bank of New York

Part of Series: Speech

Publication Date: 2019-04-17

Number: 318