Search Results
Journal Article
Figures on income of the Federal Reserve Banks
Working Paper
Optimal employment of scale economies in the Federal Reserve's currency infrastructure
Given estimates of shipping costs and scale economies for high-speed currency sorting, the authors investigate whether the Federal Reserve might lower its costs by reallocating the volume of sorting among its processing sites.
Journal Article
Origins of the Federal Reserve book-entry system
The conversion of U.S. Treasury securities from physical to book-entry form was a major event in the history of the Treasury market. The conversion, which began in 1966, resulted in an automated system that has greatly reduced market operating costs and risks. This article examines the origins and development of the Federal Reserve book-entry system for Treasury securities. It suggests that the system was the product of three important factors: the interest of the Federal Reserve Banks and the Treasury in lowering their operating costs and risks, the intention of the Reserve Banks and the ...
Journal Article
Preliminary figures on operating income for 1992 released
Speech
Unconventional monetary policies and central bank independence
Remarks at the Central Bank Independence Conference?Progress and Challenges in Mexico, Mexico City, Mexico.