Journal Article
Highlights of domestic open market operations during 1998
Hilton, R. Spence; Fisher, Peter R. (1999-04)
The Trading Desk at the Federal Reserve Bank of New York uses open market operations to implement the policy directives of the Federal Open Market Committee (FOMC). The FOMC expresses its short-term objective for open market operations as a target level for the federal funds rate--the interest rate at which depository institutions lend balances at the Federal Reserve to other depository institutions. To keep the federal funds rate near the level specified by the FOMC, the Desk uses open market operations to bring the supply of balances at the Federal Reserve into line with the demand for ...
Federal Reserve Bulletin , Issue Apr

Conference Paper
Commentary : the role of liquidity in financial crises
Fisher, Peter R. (2008)
Proceedings - Economic Policy Symposium - Jackson Hole

Journal Article
Open market operations during 1997
Tulpan, Ted; Hilton, R. Spence; Fisher, Peter R.; Cheng, Virginia (1998-07)
In 1997 the Trading Desk at the Federal Reserve Bank of New York managed reserve conditions with the objective of maintaining the federal funds rate around the level desired by the Federal Open Market Committee. In 1997 the portfolio of domestic securities in the System Open Market Account expanded by a record $41 billion (excluding all temporary operations), ending the year at $448 billion. Outright purchases of Treasury securities totaled $44 billion, offset to a small degree by redemptions of some Treasury and federal agency issues. The growth in the portfolio during 1997 was significantly ...
Federal Reserve Bulletin , Issue Jul

Report
Domestic open market operations during 1996
Cohen, Gerald D.; Fisher, Peter R. (1996)
Annual Report Domestic Open Market Operations

Report
Domestic open market operations during 2000
Hilton, R. Spence; Fisher, Peter R. (2000)
Annual Report Domestic Open Market Operations

Report
Domestic open market operations during 1998
Hilton, R. Spence; Fisher, Peter R. (1998)
Annual Report Domestic Open Market Operations

Report
Domestic open market operations during 1997
Tulpan, Ted; Hilton, R. Spence; Fisher, Peter R.; Cheng, Virginia (1997)
Annual Report Domestic Open Market Operations

Journal Article
Open market operations during 1996.
Cohen, Gerald D.; Fisher, Peter R. (1997-07)
During 1996, the Trading Desk at the Federal Reserve Bank of New York managed reserve conditions with the objective of maintaining the federal funds rate around the level desired by the Federal Open Market Committee (FOMC). As was the case last year, the need for permanent reserve additions was relatively modest as demand for currency grew moderately and reserve requirements declined because of the continued spread of sweep programs at commercial banks. The decrease in operating balances of depository institutions at Reserve Banks had an impact on bank reserve management strategies and the ...
Federal Reserve Bulletin , Issue Jul

Report
Domestic open market operations during 1999
Hilton, R. Spence; Fisher, Peter R. (1999)
Annual Report Domestic Open Market Operations

Journal Article
Monetary policy and open market operations during 1994
Meulendyke, Ann-Marie; Hilton, R. Spence; Fisher, Peter R. (1995-06)
Federal Reserve Bulletin , Issue Jun , Pages 570-584