Indeed, if the uncertainty is great enough, the optimal level of reserves can exceed the cutoff for abundant reserves under no uncertainty. That is, uncertainty can imply that it is optimal to supply ...

In January 2019, after a series of discussions around long-run frameworks for monetary policy implementation, the FOMC communicated its intention to maintain an ample supply of reserves, affirming the ...

At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial ...

Remarks before the Foreign Exchange Committee, Federal Reserve Bank of New York, New York City As prepared for delivery ...

Remarks before the Money Marketeers of New York University (delivered via videoconference) As prepared for delivery ...

Remarks before the Money Marketeers of New York University, New York City As prepared for delivery ...

Remarks at the Paris Meeting of the Committee on International Monetary Law of the International Law Association (MOCOMILA), Paris, France As prepared for delivery ...

Remarks at 2024 U.S. Treasury Market Conference, Federal Reserve Bank of New York, New York City As prepared for delivery ...

As part of our core mission, we supervise and regulate financial institutions in the Second District. Our primary objective is to maintain a safe and competitive U.S. and global banking system. The ...

Remarks at New York University’s Stern School of Business (delivered via videoconference) As prepared for delivery ...

Remarks at 2024 Annual Primary Dealer Meeting, Federal Reserve Bank of New York, New York City As prepared for delivery ...

Remarks at Brookings-Chicago Booth Task Force on Financial Stability (TFFS) meeting, panel on market liquidity (delivered via videoconference) As prepared for delivery ...