Search Results
Speech
Money markets and monetary policy normalization
Remarks at the Money Marketeers of New York University, New York City.
Discussion Paper
Federal Reserve Agency CMBS Purchases
On March 23, the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York initiated plans to purchase agency commercial mortgage-backed securities (agency CMBS) at the direction of the FOMC in order to support smooth market functioning of the markets for these securities. This post describes the deterioration in market conditions that led to agency CMBS purchases, how the Desk conducts these operations, and how market functioning has improved since the start of the purchase operations.
Speech
Desk Operations: The New Normal
Remarks at the Annual Primary Dealer Meeting (delivered via videoconference).
Speech
LIBOR: The Clock Is Ticking
Remarks at the 2019 U.S. Treasury Market Conference, Federal Reserve Bank of New York, New York City.
Speech
Money markets after liftoff: assessment to date and the road ahead
Remarks at the 70th Anniversary Celebration of the School of International and Public Affairs at Columbia University, New York City.