A Federal Reserve Bank of New York official responsible for implementing monetary policy said on Thursday the central bank is ...

JPMorgan Chase CEO Jamie Dimon has warned that he can’t rule out the possibility that the United States will fall into what ...

A proposal for the U.S. Federal Reserve to release detailed economic forecasts after some of its meetings to anchor the ...

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 ...

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 ...