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.
Fields of interest Money and Banking, Payment economics, Industrial Organization, Monetary Economics
James J. McAndrews isthe Director ofResearch. His research focuses on the economics of money, payments, and banking. He has worked on many policy issues for the Bank in those areas. He has participated in several Federal Reserve System and international work groups. He has served as a consulting economist to the Bank of England, Reserve Bank of Australia, the Swedish Riksbank, the Bank of Japan, and to the World Bank. Mr. McAndrews joined the Bank in 1997 after having served as a Senior Economist and Research Advisor at the Federal Reserve Bank of Philadelphia.