Tag Archives: info
New York Fed Acquires Maiden Lane Building
The Federal Reserve Bank of New York (New York Fed) today announced that it has acquired the building at 33 Maiden Lane for $207.5 million from Merit US Real Estate Fund III, L.P. and established a new, wholly owned limited liability company called Maiden and Nassau LLC to serve as owner of the building.
Statement Regarding Reverse Repurchase Agreements
As noted in the October 19, 2009, Statement Regarding Reverse Repurchase Agreements, the Federal Reserve Bank of New York has been working internally and with market participants on operational aspects of triparty reverse repurchase agreements to ensure that this tool will be ready to support any reserve draining operations that the Federal Open Market Committee might direct. Beginning Wednesday, February 29, the New York Fed intends to conduct another series of small-scale reverse repurchase (repo) transactions using all eligible collateral types. The first operations will be conducted with the newest expanded reverse repo counterparties-the 8 banks announced on December 1, 2011-as well as the two new primary dealers announced on October 4, 2011
Fed actions supported liquidity in clearing and settlement system
The latest New York Feds EPR, Settlement Liquidity and Monetary Policy Implementation Lessons from the Financial Crisis observes how smoothly the U.S. dollar clearing and settling system performed during and after the financial crisis
Down, but Not Out: U.S. Remains Competitive in Global Trade
The New York Fed has released the latest article, Why Is the U.S. Share of World Merchandise Exports Shrinking?, in its Current Issues in Economics and Finance series.
Statement supporting implementation of TMPG fails charge trading practice
The Agency Debt and Agency Mortgage-Backed Securities Fails Charge Trading Practice recommended by the Treasury Market Practices Group goes into effect on February 1, 2012.
New study sheds light on the liquidity of TIPS
The latest New York Fed’s EPR, The Microstructure of the TIPS Market provides new evidence on the liquidity of Treasury inflation protected securities and how it differs from that of nominal Treasury securities.
Video Competition Promotes Financial Awareness Among Young Adults
Students from local colleges and universities recently participated in the New York Feds Financial Awareness Video Competition for New York City
Agencies issue statement to clarify supervisory and enforcement responsibilities for federal consumer financial laws
A statement that explains how the total assets of an insured bank, thrift or credit union will be measured for purposes of determining supervisory and enforcement responsibilities under the Dodd-Frank Wall Street Reform and Consumer Protection Act was issued today by five federal financial supervisory agencies.
U.S. monetary authorities did not intervene in FX markets during the third quarter
U.S. monetary authorities did not intervene in FX markets during the third quarter
One bank fee may be going away, but many others lurk
(Reuters) – Sure, Bank of America — under much public pressure — dropped its plan to charge customers $5 a month for the privilege of using their debit cards. Does that mean consumers have won the…