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Start Over Topic federal reserve banks Region new york (n.y.)
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1. The Founding of the Federal Reserve, the Great Depression and the Evolution of the U.S. Interbank Network.

Author

Jaremski, Matthew and Wheelock, David C.

Subjects
GREAT Depression, 1929-1939, FEDERAL Reserve banks, BANKING industry
Abstract

Financial network structure is an important determinant of systemic risk. This paper examines how the establishment of the Federal Reserve and Great Depression affected U.S. interbank network structure. Seeking liquidity sources, banks generally preferred to connect to Federal Reserve member banks in cities with Fed offices or clearinghouses. Overall network concentration declined initially as banks connected to Federal Reserve cities other than New York, but increased in the Depression. Banks that survived the Depression generally had higher percentages of connections to Federal Reserve cities and to correspondent banks that also survived. [ABSTRACT FROM AUTHOR]

Published
2019

2. PRESIDENT WILSON AND THE INTERNATIONAL ORIGINS OF THE FEDERAL RESERVE SYSTEM - A REAPPRAISAL.

Author

Sebok, Miklos

Subjects
INTERNATIONAL relations, FOREIGN relations of the United States, 1913-1921, FEDERAL Reserve banks, CENTRAL banking industry, STOCK exchanges
Abstract

This paper presents a reappraisal of the international origins of the Federal Reserve Act of 1913. The most comprehensive study on the subject up to date is a book by J. Lawrence Broz. While Broz is correct to emphasize the impact of international trends in shaping the final text of the act, his account remains incomplete. The primary reason for this is that the narrative cannot account for the following puzzle: Why would Wall Street bankers fight vehemently during the fall of 1913 (an unimportant, "black box" period in Broz's account) against a proposal that was supposed to be in their best interest? A possible explanation should focus on President Wilson's policy entrepreneurship and strategic policy vision - both foreign and domestic . This paper demonstrates that the introduction of an autonomous presidency to the verbal model goes a long way toward explicating the puzzles that occurred during the "black box" period left out of Broz's narrative. [ABSTRACT FROM AUTHOR]

Published
2011

3. SWOT Analysis.

Subjects
FEDERAL Reserve banks, SWOT analysis
Abstract

A company profile of New York City-based Federal Reserve Bank of New York, one of the 12 regional Reserve Banks which comprise the U.S. Federal Reserve System, is presented. An overview of the company is given, along with key facts including contact information. A SWOT analysis is provided which includes strengths, weaknesses, opportunities for improvement and threats.

Published
2009

4. FX Market Complexity Makes Price Discovery Harder, NY Fed Says.

Author

Atkins, Alice

Subjects
FOREIGN exchange market, PRICES, CENTRAL banking industry, FINANCIAL markets, FUTURES market, FEDERAL Reserve banks, ELECTRONIC money
Abstract

According to economists at the Federal Reserve Bank of New York, the global currency market is becoming more complex, making price discovery more difficult. The proportion of interdealer trading has decreased, while multi-dealer platforms that offer customers more options are growing. This has led to increased competition and new choices for market participants, but it has also made price discovery harder. Additionally, the currency market is facing challenges from the move to faster settlement of stock transactions and the development of central bank digital currencies, which could have far-reaching consequences for the market. [Extracted from the article]

Published
2024

5. DEVELOPMENTS IN THE FEDERAL RESERVE SYSTEM.

Author

Morgenstern, Oskar

Subjects
ECONOMIC activity, STOCK Market Crash, 1929, FEDERAL Reserve banks, DISCOUNT prices, CHARTERS, STOCK exchanges, BUSINESS conditions, FINANCIAL markets, BUSINESS cycles, FINANCIAL crises, UNITED States economic policy, to 1933, GREAT Depression, 1929-1939, BANKING industry, GOVERNMENT policy
Abstract

The article examines the developments in the United States Federal Reserve System after events in the New York City stock exchanges and the Stock Market Crash of 1929. The policies of the Federal Reserve System and the New York Bank are examined in terms of ideal intentions expressed in their charters and the actual systems in practice. Specific consideration is given to the discount rate policies of each institution, and the role of Federal Reserve agents as the most capable bankers in the United States is also discussed.

Published
1930

6. US Consumers Expect Inflation Shock to Pass, NY Fed Survey Finds.

Author

Marte, Jonnelle

Subjects
PRICE inflation, FEDERAL Reserve banks, CONSUMPTION (Economics)
Abstract

(Bloomberg) -- US consumers still largely expect the current inflationary shock to be temporary, and for price gains to be low and stable in the longer run, according to a report released Thursday by the Federal Reserve Bank of New York. "While short-term inflation expectations have continued to trend upward, medium-term inflation expectations appear to have reached a plateau over the past few months, and longer-term inflation expectations have remained remarkably stable", the researchers wrote in a blog post that was co-authored by New York Fed President John Williams. [Extracted from the article]

Published
2022

7. Treasury 30-Year Bonds Go At 4.609% High Yield.

Author

Siegel, Gary E.

Subjects
AUCTIONS, BOND market, BANKING industry, FEDERAL Reserve banks
Abstract

The article reports on the developments of auction $10 billion of 29-year, nine months bonds with a 4 1/2% coupon at a 4.609% high yield organized by the Treasury Department in New York. It mentions that tenders at the high yield were allotted 59.02%, 4.585% for the median yield and the low yield was 4.550%. The Federal Reserve banks has bought $3,728,018,100 for their own account in exchange for maturing securities.

Published
2008