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Federal Reserve Bank of New York
Speech
Implementing monetary policy: perspective from the open market trading desk: remarks before the Money Marketeers of New York University, New York City
Lorie Logan
Abstract

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


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Lorie Logan, Implementing monetary policy: perspective from the open market trading desk: remarks before the Money Marketeers of New York University, New York City, Federal Reserve Bank of New York, Speech 248, 18 May 2017.
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Keywords: trading desk; Monetary Policy Implementation Framework; floor-style framework; short-term interest rates; interest on reserves (IOR); overnight reverse repurchase agreements (ON RRPs); the Desk; autonomous factors; central bank liabilities; counterparty relationships; new normal; Treasury General Account (TGA); designated financial market utilities (DFMUs); foreign repo pool; normalization; Federal Reserve balance sheet
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