Tag Archives: News

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

Monetary and Fiscal Policies Implemented during Global Recession Raised Expectations of a Recovery

Policy Initiatives in the Global Recession: What Did Forecasters Expect?

Statement on the release of the Tri-party Repo Infrastructure Reform Task Force’s final report

Statement on the release of the Tri-party Repo Infrastructure Reform Task Force’s final report

U.S. Monetary Authorities Did Not Intervene in FX Markets during the Fourth Quarter

The U.S. monetary authorities did not intervene in the foreign exchange markets during the October – December quarter, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress.

New York Fed Sells $6.2 Billion in Face Amount of Maiden Lane II LLC Assets

New York Fed Sells $6.2 Billion in Face Amount of Maiden Lane II LLC Assets

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.

Release of President Dudley’s Financial Disclosure Forms

The Federal Reserve Banks are today making available the financial disclosure forms and related documents filed by their current presidents with Federal Reserve Bank ethics officers.

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.