Speech
Comments on “A Skeptical View of the Impact of the Fed’s Balance Sheet”: remarks at the 2018 U.S. Monetary Policy Forum, New York City
Dudley, William (2018-02-23)
Remarks at the 2018 U.S. Monetary Policy Forum, New York City.
Speech , Paper 275

Journal Article
The Mechanics of Fed Balance Sheet Normalization
Estenssoro, Amalia; Kliesen, Kevin L. (2023-08-23)
As the Fed continues to normalize its balance sheet, lessons from past tightening episodes and projections of possible futures may help achieve the optimal amount of reserves in the banking system and avoid undo financial stress.
Economic Synopses , Issue 18 , Pages 3 pages

Speech
The monetary policy outlook and the importance of higher education for economic mobility: remarks at the Council for Economic Education’s 56th Annual Financial Literacy & Economic Education Conference, New York City
Dudley, William (2017-10-06)
Remarks at the Council for Economic Education?s 56th Annual Financial Literacy & Economic Education Conference, New York City.
Speech , Paper 256

Discussion Paper
What Can We Learn from the Timing of Interbank Payments?
Copeland, Adam; Molloy, Linsey; Tarascina, Anya (2019-02-25)
From 2008 to 2014 the Federal Reserve vastly increased the size of its balance sheet, mainly through its large-scale asset purchase programs (LSAPs). The resulting abundance of reserves affected the financial system in a number of ways, including by changing the intraday timing of interbank payments. In this post we show that (1) there appears to be a nonlinear relationship between the amount of reserves in the system and the timing of interbank payments, and (2) with the increase in reserves, smaller banks shifted their timing of payments more significantly than larger banks did. This result ...
Liberty Street Economics , Paper 20190225

Speech
Discussion of “Evaluating Monetary Policy Operational Frameworks” by Ulrich Bindseil: remarks at the 2016 Economic Policy Symposium at Jackson Hole, Wyoming
Potter, Simon M. (2016-08-26)
Remarks at the 2016 Economic Policy Symposium at Jackson Hole, Wyoming.
Speech , Paper 216

Speech
Transcript of the Cornell College of Business Annual New York City Predictions Event: February 15, 2017
Dudley, William (2017-02-15)
Transcript of the Cornell College of Business Annual New York City Predictions Event: February 15, 2017.
Speech , Paper 233

Journal Article
Balance Sheet Normalization: Monitoring Quantities and Prices
Estenssoro, Amalia; Kliesen, Kevin L. (2024-05-03)
Central bank policymakers watch the spread between “repo” rates and the interest rate on reserve balances to gauge financial market stress and guide balance sheet normalization.
Economic Synopses , Issue 10 , Pages 3 pages

Speech
The U.S. economic outlook and the implications for monetary policy: remarks at Money Marketeers of New York University, New York City
Dudley, William (2017-09-08)
Remarks at Money Marketeers of New York University, New York City.
Speech , Paper 254