The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
Regional & Community Outreach connects the Bank to Main Street via structured dialogues and two-way conversations on small business, mortgages, and household credit.
Economic Education improves public knowledge about the Federal Reserve System, monetary policy implementation, and promoting financial stability through the Museum and programs for K-16 students and educators, and the community.
The Federal Open Market Committee (FOMC) directed the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York to reinvest principal payments from the Federal Reserve’s holdings of agency debt and agency mortgage-backed securities (MBS) in agency MBS (see http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm for the most recent FOMC statement). This policy, by keeping the Committee’s holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.
Thursday, November 20, 2014
The operation scheduled for today, November 20, 2014 will be held as planned from 11:15 AM to 11:45 AM. The schedule was revised today to reflect the new date and time of the Ginnie Mae operation canceled on November 19, 2014. This operation is now scheduled for November 26, 2014. Please go to the website here for the revised calendar.