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 Desk's choice of operations. The Desk paid close attention to the daily pattern of reserve demands and, by tailoring its operations accordingly, maintain...
An analysis of the effect that monetary control arrangements have on the information content of the ...
As the United States prepared for the century date change (Y2K) on January 1, 2000, uncertainty abou...
Although the economic performance of the U.S. economy in 1997 was very good, it was troubling in at ...
In 1997 the Trading Desk at the Federal Reserve Bank of New York managed reserve conditions with the...
The Trading Desk at the Federal Reserve Bank of New York uses open market operations to implement th...
Most students of money and banking in the United States would identify open market operations, reser...
The Fed's ability to control the federal funds rate stems from its ability to alter the supply of li...
The Federal Reserve Bank has the ability to change the money supply and to shape the expectations of...
In light of recent research findings, Michael J. Dueker and Andreas M. Fischer review the 1996 polic...
The Federal Reserve aggressively eased monetary policy during the 2008-09 global financial crisis. T...
Abstract: In the late 1980s, before the FOMC began to announce whether or not it had changed its tar...
This paper creates a new series of the FOMC*s Target for the federal funds rate for the period Septe...
On October 6, 1979 the Federal Reserve, in an effort to improve monetary control, changed its operat...
Central banking transparency is now a topic of great interest, but its impact on the implementation ...
The standard view of the monetary transmission mechanism rests on the central bank's ability to mani...
An analysis of the effect that monetary control arrangements have on the information content of the ...
As the United States prepared for the century date change (Y2K) on January 1, 2000, uncertainty abou...
Although the economic performance of the U.S. economy in 1997 was very good, it was troubling in at ...
In 1997 the Trading Desk at the Federal Reserve Bank of New York managed reserve conditions with the...
The Trading Desk at the Federal Reserve Bank of New York uses open market operations to implement th...
Most students of money and banking in the United States would identify open market operations, reser...
The Fed's ability to control the federal funds rate stems from its ability to alter the supply of li...
The Federal Reserve Bank has the ability to change the money supply and to shape the expectations of...
In light of recent research findings, Michael J. Dueker and Andreas M. Fischer review the 1996 polic...
The Federal Reserve aggressively eased monetary policy during the 2008-09 global financial crisis. T...
Abstract: In the late 1980s, before the FOMC began to announce whether or not it had changed its tar...
This paper creates a new series of the FOMC*s Target for the federal funds rate for the period Septe...
On October 6, 1979 the Federal Reserve, in an effort to improve monetary control, changed its operat...
Central banking transparency is now a topic of great interest, but its impact on the implementation ...
The standard view of the monetary transmission mechanism rests on the central bank's ability to mani...
An analysis of the effect that monetary control arrangements have on the information content of the ...
As the United States prepared for the century date change (Y2K) on January 1, 2000, uncertainty abou...
Although the economic performance of the U.S. economy in 1997 was very good, it was troubling in at ...