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 Macroeconomics, Investment, Housing, Inventories
Jonathan McCarthy is a Vice President in the Macroeconomic and Monetary Studies Function of the Federal Reserve Bank of New York. He has written papers on a number of empirical macroeconomic topics, some of which have appeared recently in the Bank's Economic Policy Review and Current Issues publications as well as in academic journals. His recent research has examined various aspects of business fixed investment, housing, and inventories.