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.
NY FED USE OF EXPANDED COLLATERAL EXTENDED BY FOMC
NEW YORK -- The Federal Open Market Committee (FOMC) voted to approve a temporary extension through the first scheduled meeting of 2002 of the expanded list of securities eligible as collateral in repurchase transactions undertaken by the Federal Reserve Bank of New York in the management of banking system reserves.