Report
The Federal Reserve's Commercial Paper Funding Facility
Kimbrough, Karin; Marchioni, Dina; Adrian, Tobias (2010)
The Federal Reserve created the Commercial Paper Funding Facility (CPFF) in the midst of severe disruptions in money markets following the bankruptcy of Lehman Brothers on September 15, 2008. The CPFF finances the purchase of highly rated unsecured and asset-backed commercial paper from eligible issuers via primary dealers. The facility is a liquidity backstop to U.S. issuers of commercial paper, and its creation was part of a range of policy actions undertaken by the Federal Reserve to provide liquidity to the financial system. This paper documents aspects of the financial crisis relevant to ...
Staff Reports , Paper 423

Speech
Introductory remarks at the Museum of American Finance \"The Fed at 100\" exhibit
Dudley, William (2013)
Remarks at the Museum of American Finance, New York City.
Speech , Paper 116

Speech
A preliminary assessment of the TALF
Dudley, William (2009)
Remarks at the Securities Industry and Financial Markets Association and Pension Real Estate Association's Public-Private Investment Program Summit, New York City.
Speech , Paper 6

Speech
The national and regional economic outlook
Dudley, William (2011)
Remarks before the Bronx Chamber of Commerce at the New York Botanical Garden, Bronx, New York.
Speech , Paper 68

Journal Article
Statement to Congress, October 1, 1998, (Federal Reserve Bank of New York's role in the recent private-sector recapitalization of Long-Term Capital Management).
McDonough, William J. (1998-12)
Federal Reserve Bulletin , Issue Dec

Speech
Federal Reserve lending disclosure
Baxter, Thomas C. (2011)
Testimony of Thomas C. Baxter, Jr., and Scott G. Alvarez, General Counsel of the Board of Governors, before the Subcommittee on Domestic Monetary Policy and Technology, Committee on Financial Services, U.S. House of Representatives, Washington, D.C.
Speech , Paper 54

Speech
Regional economy and manufacturing update
Dudley, William (2010)
Remarks at the Quarterly Regional Economic Press Briefing, New York City.
Speech , Paper 28

Speech
Improving survey measures of inflation expectations
Potter, Simon M. (2011)
Remarks at Forecasters Club of New York, New York City.>
Speech , Paper 49

Speech
Implementing the Federal Reserve's asset purchase program
Sack, Brian P. (2011)
Remarks at Global Interdependence Center Central Banking Series Event, Federal Reserve Bank of Philadelphia.
Speech , Paper 42

Journal Article
Large-scale asset purchases by the Federal Reserve: did they work?
Raskin, Matthew; Sack, Brian P.; Remache, Julie; Gagnon, Joseph E. (2011-05)
In this study, authors Joseph Gagnon, Matthew Raskin, Julie Remache and Brian Sack review the Federal Reserve?s experience with implementing the LSAPs between late 2008 and March 2010. They explain that the target fed funds rate was set as low as possible in December 2008. Thus, to further ease the stance of monetary policy as the economic outlook deteriorated, the central bank purchased substantial quantities of assets with medium and long maturities?housing agency debt, agency mortgage-backed securities (MBS) and Treasuries?to drive down private borrowing rates. ; Title of Special Issue: ...
Economic Policy Review , Volume 17 , Issue May , Pages 41-59