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.
New York Fed Discontinues Publication of Weekly Averages of the Federal Funds Rate
June 28, 2004
As of June 30, 2004, the Federal Reserve Bank of New York will no longer publish a weekly average of the federal funds rate.
The Federal Reserve Board’s Statistical Release H.15, “Selected Interest Rates (weekly),” will provide a weekly average each Monday on an ongoing basis. Please visit the Federal Reserve Board’s website for this rate after June 30, 2004.