950:
2860:
2010:
59:
231:
965:
995:
1126:
920:
246:
218:
259:
450:
helping to stabilize
European currencies and finances. However, with virtually no inflation, interest rates were low and the U.S. economy and corporate profits surged, fueling the stock market increases of the late 1920s. This worried him, but he also felt he had no choice because the low interest rates were helping Europeans (particularly the United Kingdom) in their effort to return to the gold standard.
205:
485:
980:
935:
411:, as a means of managing the quantity of money in the U.S. economy and thus affecting interest rates. This was particularly important at the time because gold had flooded into the United States during and after World War I. Thus, its gold-backed currency was well-protected, but prices had been pushed up substantially by the currency expansion due to the
47:
1114:, the Federal Reserve is one of the banks targeted by Elena Federova's Snow White criminal organization. However, it is revealed that this apparent robbery is merely a means of exposing the fact that the gold has already been stolen and replaced with painted clay bars by the rival Belok syndicate, with help from the corrupt President Andrew Wright.
533:
415:-imposed expansion of currency. In 1922, Strong unofficially scrapped the gold standard and instead began aggressively pursuing open market operations as a means of stabilizing domestic prices and thus internal economic stability. Thus, he began the Federal Reserve's practice of buying and selling government securities as monetary policy.
391:
company. He led the bank until his death in 1928. Strong became the executive officer (then called the "governor"—today, the term would be "president"). As the leader of the
Federal Reserve's largest and most powerful district bank, Strong became a dominant force in U.S. monetary and banking affairs.
429:
It was Strong more than anyone else who invented the modern central banker. When we watch ... describe how they are seeking to strike the right balance between economic growth and price stability, it is the ghost of
Benjamin Strong who hovers above him. It all sounds quite prosaically obvious now,
1051:
hijackers take over a subway train car and demand $ 1 million for release of the car and 19 passengers, and the city must deliver it to the train car within one hour or the hijackers will start killing passengers at the rate of one per minute until it is delivered. The money for the ransom, to be
449:
With the
European economic turmoil of the 1920s, Strong's influence became worldwide. He was a strong supporter of European efforts to return to the gold standard and economic stability. Strong's new monetary policies not only stabilized U.S. prices, they encouraged both U.S. and world trade by
1105:, the protagonists use the abandoned Federal Reserve to hide their stolen nuclear warhead until they can determine how to use it against the Master. While the gold supply is acknowledged, more focus is given to the silver, which is melted down to create weapons to use against the vampires.
392:
One biographer has termed him the "de facto leader of the entire
Federal Reserve System". This was not only because of Strong's abilities, but also because the central board's powers were ambiguous and, for the most part, limited to supervisory and regulatory functions under the 1913
403:, Strong was a major force behind the campaigns to fund the war effort via bonds owned primarily by U.S. citizens. This enabled the United States to avoid many of the post-war financial problems of the European belligerents. Strong gradually recognized the importance of
1069:. The Federal Reserve Bank is the setting for a major heist of the gold by Jeremy Irons' character, Simon Gruber. The vault is penetrated under the pretense of construction work and the gold bullion transported via dump trucks to a location outside the city.
528:
policy by swapping dollars with foreign currencies under the
Treasury's direction. The Treasury receives all direct federal revenue and borrowed funds, and pays nearly all federal expenses, through its General Account at the Reserve Bank of New York.
615:
in 2011, saying "that a number of people he interviewed at the reserve bank believe that supervisors paid excessive deference to banks and, as a result, they were less aggressive in finding issues or in following up on them in a forceful way".
1346:
497:(FOMC). It is the only Reserve Bank with a permanent seat on the committee, and its president is traditionally selected as the committee's vice chairman. Operating in the financial capital of the U.S., the bank conducts
2387:
419:, a prominent British economist who had previously not questioned the gold standard, used Strong's activities as an example of how a central bank could manage a nation's economy without the gold standard in his book
1052:
provided in bundles of used $ 50 and $ 100 bills, is frantically assembled by workers at the
Federal Reserve Bank of New York while a police cruiser waits at the front entrance for it to be assembled for delivery.
2297:
492:
Since the founding of the
Federal Reserve system, the Reserve Bank of New York has been the place where monetary policy in the United States is implemented, although policy is decided in Washington, D.C. by the
2346:
631:
retaliation in
October 2013. In April 2014 the U.S. District court in Manhattan dismissed the case, "ruling that Segarra failed to make a legally sufficient claim under the whistle-blower protections of the
1033:
movie, the "meeting of the Dons" scene uses the
Federal Reserve building exterior, even though the interior of another New York building (the Penn Central railway boardroom) was also used for filming.
2370:
2303:
2263:
1547:
Tug Yourgrau and Pip Gilmour. Princeton, NJ: Films for the Humanities & Sciences. 2000. Originally produced for the Discovery Channel by Powderhouse Productions. Retrieved November 14, 2011)
3099:
896:
163:
1338:
3089:
3036:
2364:
457:
states that Strong was one of the few U.S. policymakers interested in the troubled financial affairs of Europe in the 1920s, and that had he not died in 1928, just a year before the
1693:
3094:
3104:
2983:
1725:
1836:
Alessi, Lucia, et al. "Central bank macroeconomic forecasting during the global financial crisis: the European Central Bank and Federal Reserve Bank of New York experiences."
2988:
2930:
2882:
2877:
2270:
2945:
364:. Aside from these distinct functions, the New York Fed also performs the same responsibilities and tasks as the other Reserve Banks do, such as supervision and research.
1760:
1243:
3070:
3031:
3012:
2925:
2906:
2901:
3041:
2993:
2940:
2315:
2197:
1936:
1288:
611:
In 2009, the bank commissioned a probe into its own practices. David Beim, finance professor at Columbia Business School submitted a report in 2009, released by the
2841:
2792:
2747:
2094:
1164:
600:
544:
lies 80 feet (24 m) below street level and 50 feet (15 m) below sea level, resting on Manhattan bedrock. By 1927, the vault contained 10% of the world's
2964:
1047:
905:
3140:
3065:
3060:
2754:
102:
1267:
2935:
2321:
1893:
1789:
2353:
949:
568:. Nearly 98% of it belongs to the central banks of foreign governments. The rest belongs to the United States and international organizations such as the
2358:
3145:
541:
473:
361:
338:
72:
31:
2251:
524:. In this role, it conducts all primary auctions of marketable Treasury securities, as well as government buybacks when authorized. It carries out
1174:
3135:
2034:
3080:
2695:
2327:
2185:
2089:
1902:
587:) and long-term interest rates (using ten-year Treasury notes) at the end of a Federal Reserve tightening cycle is negative or less than 93
2822:
2742:
2605:
1929:
1685:
1591:
658:
The following people serve on the board of directors as of April 2022. Terms expire on December 31 of their final year on the board.
1565:
3022:
3003:
2785:
2675:
2665:
2029:
1617:
1474:
852:
612:
964:
2508:
2239:
1966:
1496:
1715:
3130:
2974:
2868:
2849:
2655:
2615:
2542:
2532:
2380:
2333:
2257:
1961:
1213:
1179:
2892:
2717:
2625:
2538:
2291:
561:
465:
1748:
994:
2955:
2916:
2645:
2635:
2309:
1922:
1320:
1235:
434:
Strong's policy of maintaining price levels during the 1920s through open market operation and his willingness to maintain the
357:
3125:
3051:
2816:
2778:
2685:
2585:
2339:
1296:
1976:
633:
564:
does. The gold does not belong to the bank, which transferred all of its domestic gold reserves to the Treasury under the
494:
349:
322:
1540:
352:
and acts as the market agent of the entire Federal Reserve System (as it houses the Open Market Trading Desk and manages
2591:
2581:
2522:
2399:
2245:
2227:
2221:
2109:
1956:
1811:
1423:
1001:
372:
236:
158:
95:
58:
1038:
513:. Like other regional Reserve Banks, the Reserve Bank of New York distributes coins and currency, participates in the
367:
Given its central role within the Federal Reserve System, the New York Fed and its president are therefore considered
1852:
Central Banking Under the Federal Reserve System: With Special Consideration of the Federal Reserve Bank of New York
1264:
2233:
421:
353:
2419:
1999:
1785:
1154:
1057:
77:
2103:
919:
904:
2455:
2431:
2191:
1159:
1139:
979:
956:
565:
348:
The Federal Reserve Bank of New York is uniquely responsible for implementing monetary policy on behalf of the
345:, it is the largest (by assets), the most active (by volume), and the most influential of the Reserve Banks.
1635:
454:
2180:
1339:"The New York Fed is the most powerful financial institution you've never heard of. Look who's running it"
1169:
1149:
1101:
1016:
708:
580:
545:
498:
318:
310:
289:
2737:
2413:
2407:
2215:
2145:
1010:
699:
404:
934:
627:
had no policy governing conflicts of interest. She was dismissed in May 2012 and brought a lawsuit for
383:
The Federal Reserve Bank of New York opened for business on November 16, 1914, under the leadership of
1660:
830:
517:
system that transfers payments and securities between domestic banks, and conducts economic research.
2811:
2801:
2203:
2174:
1994:
1971:
842:
302:
285:
30:
This article is about the financial institution itself. For the building in which it is located, see
1042:
Max suggests a New York Federal Reserve Bank heist, which Noodles and Carol deem a suicide mission.
2437:
2278:
2169:
2115:
1144:
911:
583:. Their models show that, when the difference between short-term interest rates (using three-month
549:
430:
but in 1922 it was a radical departure from more than two hundred years of central banking history.
416:
393:
384:
334:
2553:
2443:
2139:
2133:
2067:
1720:
926:
879:
875:
773:
647:
638:
408:
368:
1587:
2611:
2601:
2467:
1557:
986:
868:
820:
783:
689:
502:
1614:
1466:
1440:
2528:
2449:
2374:
2163:
2157:
1867:
971:
678:
552:) is the largest known and confirmed gold store in the world, and holds approximately 7,000
458:
314:
210:
85:
1503:
2651:
2641:
2548:
2461:
2050:
1945:
1857:
1621:
1544:
1324:
1271:
1182:(regional office for cash handling and processing of the Federal Reserve Bank of New York)
506:
469:
443:
342:
1205:
572:. The bank stores the gold at no charge, but charges for handling whenever it is moved.
2681:
2671:
2631:
2563:
2479:
2079:
2072:
743:
628:
620:
461:, he might have been able to maintain stability in the international financial system.
3119:
2661:
2621:
2518:
2497:
2285:
2062:
1029:
762:
624:
525:
521:
412:
388:
306:
81:
1317:
2712:
2691:
2558:
2491:
2485:
2473:
2425:
2151:
1531:
1131:
1066:
1062:
941:
510:
1905:
article showing the upgrades for gold storage at the New York Federal Reserve Bank
856:
2209:
2121:
1284:
1110:
1073:
685:
588:
576:
400:
330:
326:
251:
223:
642:
and the bank was accused of political corruption by being a "captured agency",
575:
The bank publishes a monthly recession probability prediction derived from the
484:
2024:
1756:
1535:
1327:
New York Federal Reserve Web page. Footnote upgraded/confirmed March 30, 2010.
1121:
769:
636:". In September 2014, Segarra's secretly recorded conversations were aired by
439:
264:
1055:
The Federal Reserve Bank of New York plays a prominent role in the 1995 film
117:
104:
2759:
2722:
2055:
557:
435:
17:
1812:"Internet Archive Search: creator%3A%22Federal Reserve Bank of New York%22"
1588:"The Yield Curve as a Leading Indicator – Federal Reserve Bank of New York"
603:
was the bank's only branch. It was formally disbanded on October 31, 2008.
532:
2727:
2127:
1986:
1914:
1908:
360:, the bearer of the Treasury's General Account, and the custodian of the
2770:
1636:"New York Fed Announces Closing of Buffalo Branch, Effective October 31"
2732:
584:
514:
46:
1909:
Historical resources by and about the Federal Reserve Bank of New York
790:
1903:"How Uncle Sam Guards His Millions", March 1931, Popular Mechanics
553:
531:
483:
396:
because many Americans were antagonistic to centralized control.
371:
among the other regional Reserve banks. Its current president is
1749:"Inside the New York Fed: Secret Recordings and a Culture Clash"
2774:
1918:
1862:
Secrets of the Temple: How the Federal Reserve Runs the Country
750:
569:
277:
1886:
1371:(Washington, D.C.: The Brookings Instittution, 1958), p. 41.
1467:"Open Market Operations – Federal Reserve Bank of New York"
1385:. Washington, D.C.: The Brookings Institution. p. 112.
1684:
Matthew Boesler and Kathleen Hunter (September 27, 2014).
897:
List of presidents of the Federal Reserve Bank of New York
623:, then an examiner for the bank, told her superiors that
472:
submitted the winning design. The bank moved to the new
1686:"Warren Calls for Hearings on New York Fed Allegations"
1537:
Inside the World’s Mightiest Bank: The Federal Reserve.
1502:. The Federal Reserve Bank of New York. Archived from
284:
The Federal Reserve Bank of New York is one of twelve
536:
A gold vault at the Federal Reserve Bank of New York
3079:
3050:
3021:
3002:
2973:
2954:
2915:
2891:
2867:
2831:
2705:
2572:
2507:
2398:
2365:
Public–Private Investment Program for Legacy Assets
2088:
2043:
2017:
1985:
1072:The New York Fed publishes a series of educational
309:. It is responsible for the Second District of the
273:
190:
151:
133:
94:
68:
1076:about its activities. Included are such titles as
1530:Aired on Monday, November 14, 2011, 7–8pm EST on
1397:Lords of Finance: The Bankers Who Broke the World
591:positive, a rise in unemployment usually occurs.
1274:(December 2020): Ownership of Federal Securities
828:Founder, President & Chief Executive Officer
1165:Federal Reserve Bank of New York Buffalo Branch
601:Federal Reserve Bank of New York Buffalo Branch
180:
167:
1786:"Federal Reserve Bank of New York - Directors"
520:The bank is the exclusive fiscal agent of the
2786:
2755:Personal consumption expenditures price index
1930:
1838:Journal of Business & Economic Statistics
8:
438:of banks during panics have been praised by
176:
39:
2354:2009 Supervisory Capital Assessment Program
2271:Federal Reserve v. Investment Co. Institute
1558:"Welcome to the World's Largest Gold Vault"
387:, who had previously been president of the
356:). It is also the sole fiscal agent of the
2793:
2779:
2771:
2359:Term Asset-Backed Securities Loan Facility
1937:
1923:
1915:
1874:(2 vol, University of Chicago Press, 2010)
802:
725:
660:
542:bank's underground gold bullion depository
466:competition for the design of the building
38:
1716:"The Secret Recordings of Carmen Segarra"
1099:During the final season of the TV series
474:Federal Reserve Bank of New York Building
73:Federal Reserve Bank of New York Building
32:Federal Reserve Bank of New York Building
1780:
1778:
1679:
1677:
1435:
1433:
1763:from the original on September 27, 2014
1728:from the original on September 27, 2014
1197:
1175:Structure of the Federal Reserve System
1094:The Story of Foreign Trade and Exchange
900:
501:—the buying and selling of outstanding
468:was held and the architectural firm of
407:, or purchases and sales of government
200:
2035:Monetary Policy Report to the Congress
1747:Bernstein, Jake (September 26, 2014).
788:President and Chief Executive Officer
2328:Unfair or Deceptive Acts or Practices
1911:including annual reports back to 1915
1696:from the original on December 9, 2014
1477:from the original on January 16, 2020
1349:from the original on January 11, 2020
1216:from the original on January 23, 2023
873:President and Chief Executive Officer
748:Chairman and Chief Executive Officer
704:President and Chief Executive Officer
7:
3141:1914 establishments in New York City
2743:Monetary policy of the United States
2322:Emergency Economic Stabilization Act
2279:Northeast Bancorp v. Federal Reserve
2252:Humphrey–Hawkins Full Employment Act
1792:from the original on August 21, 2021
1615:FRB of New York Staff Report No. 397
1242:. Federal Reserve Bank of New York.
767:Chairman and Chief Executive Officer
683:Chairman and Chief Executive Officer
650:, of the banks which it supervises.
362:world's largest gold storage reserve
2030:Federal Reserve Statistical Release
1594:from the original on April 12, 2020
1289:"The Great American Bubble Machine"
853:New York City Central Labor Council
613:Financial Crisis Inquiry Commission
2316:Subprime mortgage crisis responses
1568:from the original on March 9, 2021
1424:The World in Depression, 1929–1939
1246:from the original on March 4, 2022
1048:The Taking of Pelham One Two Three
25:
2850:East Rutherford Operations Center
2381:Commercial Paper Funding Facility
2334:Commercial Paper Funding Facility
1180:East Rutherford Operations Center
3146:Federal Reserve Bank of New York
2858:
2718:Criticism of the Federal Reserve
2292:Expedited Funds Availability Act
2008:
1894:"World's Greatest Treasure Cave"
1872:A History of the Federal Reserve
1236:"Monetary Policy Implementation"
1124:
993:
978:
963:
948:
933:
918:
903:
425:(1923). To quote one authority:
299:Federal Reserve Bank of New York
257:
244:
229:
216:
203:
67:
57:
45:
40:Federal Reserve Bank of New York
2186:U.S. Treasury Department Accord
1845:Benjamin Strong: Central Banker
1788:. Federal Reserve. April 2020.
1383:Benjamin Strong, Central Banker
1369:Benjamin Strong, Central Banker
399:When the United States entered
358:U.S. Department of the Treasury
2388:Corner Post v. Federal Reserve
2340:Primary Dealer Credit Facility
1899:, January 1930, pp. 34–38
1337:Spitzer, Eliot (May 6, 2009).
27:Member Bank of Federal Reserve
1:
3136:Financial District, Manhattan
1977:Federal Open Market Committee
1847:(Brookings Institution, 1958)
634:Federal Deposit Insurance Act
560:) of gold bullion, more than
495:Federal Open Market Committee
350:Federal Open Market Committee
2347:Bloomberg v. Federal Reserve
2246:Electronic Fund Transfer Act
2228:Home Mortgage Disclosure Act
2222:Equal Credit Opportunity Act
2110:National Monetary Commission
1661:"Fed to shut Buffalo branch"
1381:Chandler, Lester V. (1958).
1497:"The Key to the Gold Vault"
1295:. p. 6. Archived from
1270:September 28, 2021, at the
1039:Once Upon a Time in America
3162:
2856:
2543:Vice Chair for Supervision
2240:Federal Reserve Reform Act
2234:Community Reinvestment Act
1864:(Simon and Schuster, 1989)
1620:September 6, 2015, at the
1410:America's Great Depression
894:
488:Map of the Second District
442:and harshly criticized by
422:A Tract on Monetary Reform
354:System Open Market Account
29:
2808:
2258:International Banking Act
2006:
2000:Federal Reserve Bank Note
1952:
1843:Chandler, Lester Vernon.
1441:"The Founding of the Fed"
1155:Federal Reserve Districts
1058:Die Hard with a Vengeance
717:
579:and based on the work by
548:. The vault (designed by
283:
191:Central bank of
56:
44:
3131:Economy of New York City
2192:Bank Holding Company Act
1850:Clark, Lawrence Edmund.
1840:(2014) 32#4 pp: 483–500.
1534:. 51 minutes. (See also
1445:New York Federal Reserve
1160:Federal Reserve Branches
1140:Economy of New York City
566:Gold Reserve Act of 1934
313:, which encompasses the
1421:Kindleberger, Charles,
1323:March 22, 2021, at the
1002:Williams (2018–present)
455:Charles P. Kindleberger
2310:Gramm–Leach–Bliley Act
2181:Employment Act of 1946
1946:Federal Reserve System
1724:. September 26, 2014.
1612:Esteban Rodriguez Jr,
1543:April 6, 2012, at the
1170:Official gold reserves
1150:Federal Reserve System
709:Bedminster, New Jersey
706:Peapack-Gladstone Bank
546:official gold reserves
537:
499:open market operations
489:
432:
319:counties of New Jersey
311:Federal Reserve System
290:Federal Reserve System
137:November 16, 1914
3126:Federal Reserve Banks
2812:Federal Reserve Banks
2802:Federal Reserve Banks
2738:Lender of last resort
2414:William P. G. Harding
2216:Smithsonian Agreement
2146:Emergency Banking Act
1972:Federal Reserve Banks
957:McDonough (1993–2003)
535:
487:
427:
405:open market operation
303:Federal Reserve Banks
118:40.70861°N 74.00889°W
2420:Daniel R. Crissinger
2304:FDIC Improvement Act
2204:Truth in Lending Act
2175:Bretton Woods system
2104:Aldrich–Vreeland Act
1995:Federal Reserve Note
1367:Lester V. Chandler,
1086:Too Much, Too Little
972:Geithner (2003–2009)
927:Harrison (1928–1940)
581:Esteban Rodriguez Jr
139: (109 years ago)
2170:Banking Act of 1935
2116:Federal Reserve Act
1447:. February 12, 2021
1412:(2000), page xxxiii
1145:Federal Reserve Act
1017:Solomon (1980–1985)
942:Volcker (1975–1979)
860:New York, New York
834:New York, New York
805:
794:New York, New York
754:New York, New York
728:
663:
550:Frederick S. Holmes
503:Treasury securities
453:Economic historian
444:Austrian economists
417:John Maynard Keynes
394:Federal Reserve Act
385:Benjamin Strong Jr.
335:U.S. Virgin Islands
123:40.70861; -74.00889
114: /
41:
2573:Current presidents
2554:Christopher Waller
2444:Marriner S. Eccles
2158:Glass–Steagall Act
2068:Federal funds rate
1814:. Internet Archive
1721:This American Life
1509:on August 21, 2010
1471:www.newyorkfed.org
1408:Rothbard, Murray,
1240:www.newyorkfed.org
1210:www.newyorkfed.org
1082:The Story of Money
1023:In popular culture
987:Dudley (2009–2018)
912:Strong (1914–1928)
880:New York, New York
803:
774:New York, New York
726:
700:Douglas L. Kennedy
661:
654:Board of directors
648:regulatory capture
639:This American Life
538:
490:
369:first among equals
317:, the 12 northern
3113:
3112:
2826:have no branches.
2768:
2767:
2612:Loretta J. Mester
2602:Patrick T. Harker
2468:G. William Miller
2456:William M. Martin
2408:Charles S. Hamlin
1897:Popular Mechanics
1854:(Macmillan, 1935)
1287:(July 13, 2009).
1265:Treasury Bulletin
1206:"Bank Leadership"
1108:In the TV series
1090:A Penny Saved ...
1045:In the 1974 film
1036:In the 1984 film
1011:Hayes (1956–1975)
888:
887:
801:
800:
784:Adena T. Friedman
724:
723:
690:Buffalo, New York
507:agency securities
339:33 Liberty Street
315:State of New York
301:is one of the 12
295:
294:
288:that make up the
237:US Virgin Islands
16:(Redirected from
3153:
2862:
2861:
2795:
2788:
2781:
2772:
2529:Philip Jefferson
2450:Thomas B. McCabe
2375:Durbin amendment
2164:Gold Reserve Act
2012:
2011:
1939:
1932:
1925:
1916:
1890:
1889:
1887:Official website
1868:Meltzer, Allan H
1858:Greider, William
1824:
1823:
1821:
1819:
1808:
1802:
1801:
1799:
1797:
1782:
1773:
1772:
1770:
1768:
1744:
1738:
1737:
1735:
1733:
1712:
1706:
1705:
1703:
1701:
1681:
1672:
1671:
1669:
1667:
1657:
1651:
1650:
1648:
1646:
1632:
1626:
1610:
1604:
1603:
1601:
1599:
1584:
1578:
1577:
1575:
1573:
1554:
1548:
1525:
1519:
1518:
1516:
1514:
1508:
1501:
1493:
1487:
1486:
1484:
1482:
1463:
1457:
1456:
1454:
1452:
1437:
1428:
1419:
1413:
1406:
1400:
1395:Liaquat Ahamed,
1393:
1387:
1386:
1378:
1372:
1365:
1359:
1358:
1356:
1354:
1334:
1328:
1318:"About the Fed."
1315:
1309:
1308:
1306:
1304:
1299:on April 6, 2010
1281:
1275:
1262:
1256:
1255:
1253:
1251:
1232:
1226:
1225:
1223:
1221:
1202:
1134:
1129:
1128:
1127:
1078:Once upon a Dime
997:
982:
967:
952:
937:
922:
907:
831:Comunilife, Inc.
806:
729:
664:
480:Responsibilities
459:Great Depression
373:John C. Williams
323:Fairfield County
263:
261:
260:
250:
248:
247:
235:
233:
232:
222:
220:
219:
209:
207:
206:
182:
178:
169:
159:John C. Williams
147:
145:
140:
129:
128:
126:
125:
124:
119:
115:
112:
111:
110:
107:
61:
49:
42:
21:
3161:
3160:
3156:
3155:
3154:
3152:
3151:
3150:
3116:
3115:
3114:
3109:
3075:
3046:
3017:
2998:
2969:
2950:
2911:
2887:
2863:
2859:
2854:
2827:
2804:
2799:
2769:
2764:
2701:
2652:Alberto Musalem
2642:Austan Goolsbee
2574:
2568:
2549:Michelle Bowman
2510:
2503:
2462:Arthur F. Burns
2438:Eugene R. Black
2394:
2092:
2084:
2051:Discount window
2039:
2013:
2009:
2004:
1981:
1948:
1943:
1885:
1884:
1881:
1831:Further reading
1828:
1827:
1817:
1815:
1810:
1809:
1805:
1795:
1793:
1784:
1783:
1776:
1766:
1764:
1746:
1745:
1741:
1731:
1729:
1714:
1713:
1709:
1699:
1697:
1683:
1682:
1675:
1665:
1663:
1659:
1658:
1654:
1644:
1642:
1634:
1633:
1629:
1622:Wayback Machine
1611:
1607:
1597:
1595:
1586:
1585:
1581:
1571:
1569:
1556:
1555:
1551:
1545:Wayback Machine
1528:Mightiest Bank.
1526:
1522:
1512:
1510:
1506:
1499:
1495:
1494:
1490:
1480:
1478:
1465:
1464:
1460:
1450:
1448:
1439:
1438:
1431:
1420:
1416:
1407:
1403:
1394:
1390:
1380:
1379:
1375:
1366:
1362:
1352:
1350:
1336:
1335:
1331:
1325:Wayback Machine
1316:
1312:
1302:
1300:
1283:
1282:
1278:
1272:Wayback Machine
1263:
1259:
1249:
1247:
1234:
1233:
1229:
1219:
1217:
1204:
1203:
1199:
1189:
1130:
1125:
1123:
1120:
1025:
1004:
998:
989:
983:
974:
968:
959:
953:
944:
938:
929:
923:
914:
908:
899:
893:
878:
874:
859:
851:
843:Vincent Alvarez
833:
829:
824:(Deputy Chair)
793:
789:
772:
768:
753:
749:
707:
705:
688:
684:
656:
609:
597:
482:
470:York and Sawyer
381:
343:Lower Manhattan
269:
258:
256:
245:
243:
239:
230:
228:
217:
215:
204:
202:
199:
198:
197:Second District
186:
174:
161:
143:
141:
138:
122:
120:
116:
113:
108:
105:
103:
101:
100:
89:
80:
75:
64:
52:
35:
28:
23:
22:
15:
12:
11:
5:
3159:
3157:
3149:
3148:
3143:
3138:
3133:
3128:
3118:
3117:
3111:
3110:
3108:
3107:
3102:
3100:Salt Lake City
3097:
3092:
3086:
3084:
3077:
3076:
3074:
3073:
3068:
3063:
3057:
3055:
3048:
3047:
3045:
3044:
3039:
3034:
3028:
3026:
3019:
3018:
3016:
3015:
3009:
3007:
3000:
2999:
2997:
2996:
2991:
2986:
2980:
2978:
2971:
2970:
2968:
2967:
2961:
2959:
2952:
2951:
2949:
2948:
2943:
2938:
2933:
2928:
2922:
2920:
2913:
2912:
2910:
2909:
2904:
2898:
2896:
2889:
2888:
2886:
2885:
2880:
2874:
2872:
2865:
2864:
2857:
2855:
2853:
2852:
2847:
2838:
2836:
2829:
2828:
2809:
2806:
2805:
2800:
2798:
2797:
2790:
2783:
2775:
2766:
2765:
2763:
2762:
2757:
2752:
2751:
2750:
2740:
2735:
2730:
2725:
2720:
2715:
2709:
2707:
2703:
2702:
2700:
2699:
2689:
2679:
2669:
2659:
2649:
2639:
2632:Raphael Bostic
2629:
2619:
2609:
2599:
2589:
2578:
2576:
2570:
2569:
2567:
2566:
2564:Adriana Kugler
2561:
2556:
2551:
2546:
2536:
2526:
2515:
2513:
2505:
2504:
2502:
2501:
2500:(2018–present)
2495:
2489:
2483:
2480:Alan Greenspan
2477:
2471:
2465:
2459:
2453:
2447:
2441:
2435:
2429:
2423:
2417:
2411:
2404:
2402:
2396:
2395:
2393:
2392:
2384:
2378:
2371:Dodd–Frank Act
2368:
2362:
2356:
2351:
2343:
2337:
2331:
2325:
2319:
2313:
2307:
2301:
2295:
2289:
2283:
2275:
2267:
2261:
2255:
2249:
2243:
2237:
2231:
2225:
2219:
2213:
2207:
2201:
2200:(1961–present)
2195:
2189:
2183:
2178:
2172:
2167:
2161:
2155:
2149:
2143:
2137:
2131:
2125:
2119:
2113:
2107:
2100:
2098:
2086:
2085:
2083:
2082:
2080:Primary dealer
2077:
2076:
2075:
2073:Overnight rate
2065:
2060:
2059:
2058:
2047:
2045:
2041:
2040:
2038:
2037:
2032:
2027:
2021:
2019:
2015:
2014:
2007:
2005:
2003:
2002:
1997:
1991:
1989:
1983:
1982:
1980:
1979:
1974:
1969:
1964:
1959:
1953:
1950:
1949:
1944:
1942:
1941:
1934:
1927:
1919:
1913:
1912:
1906:
1900:
1891:
1880:
1879:External links
1877:
1876:
1875:
1865:
1855:
1848:
1841:
1826:
1825:
1803:
1774:
1753:ProPublica.org
1739:
1707:
1690:Bloomberg News
1673:
1652:
1627:
1605:
1579:
1549:
1520:
1488:
1458:
1429:
1414:
1401:
1399:(2009), p. 171
1388:
1373:
1360:
1343:Slate Magazine
1329:
1310:
1276:
1257:
1227:
1196:
1195:
1188:
1185:
1184:
1183:
1177:
1172:
1167:
1162:
1157:
1152:
1147:
1142:
1136:
1135:
1119:
1116:
1024:
1021:
1020:
1019:
1013:
1006:
1005:
999:
992:
990:
984:
977:
975:
969:
962:
960:
954:
947:
945:
939:
932:
930:
924:
917:
915:
909:
902:
895:Main article:
892:
889:
886:
885:
882:
871:
865:
864:
861:
848:
839:
838:
835:
826:
817:
816:
813:
810:
799:
798:
795:
786:
780:
779:
776:
765:
759:
758:
755:
746:
744:Arvind Krishna
740:
739:
736:
733:
722:
721:
715:
714:
711:
702:
696:
695:
692:
681:
675:
674:
671:
668:
655:
652:
629:whistle-blower
621:Carmen Segarra
608:
605:
596:
593:
481:
478:
380:
377:
293:
292:
286:regional banks
281:
280:
278:newyorkfed.org
275:
271:
270:
268:
267:
254:
241:
226:
213:
196:
195:
194:
192:
188:
187:
185:
184:
173:Helen Mucciolo
171:
155:
153:
149:
148:
135:
131:
130:
98:
92:
91:
78:Liberty Street
70:
66:
65:
62:
54:
53:
50:
26:
24:
14:
13:
10:
9:
6:
4:
3:
2:
3158:
3147:
3144:
3142:
3139:
3137:
3134:
3132:
3129:
3127:
3124:
3123:
3121:
3106:
3103:
3101:
3098:
3096:
3093:
3091:
3088:
3087:
3085:
3082:
3081:San Francisco
3078:
3072:
3069:
3067:
3064:
3062:
3059:
3058:
3056:
3053:
3049:
3043:
3040:
3038:
3037:Oklahoma City
3035:
3033:
3030:
3029:
3027:
3024:
3020:
3014:
3011:
3010:
3008:
3005:
3001:
2995:
2992:
2990:
2987:
2985:
2982:
2981:
2979:
2976:
2972:
2966:
2963:
2962:
2960:
2957:
2953:
2947:
2944:
2942:
2939:
2937:
2934:
2932:
2929:
2927:
2924:
2923:
2921:
2918:
2914:
2908:
2905:
2903:
2900:
2899:
2897:
2894:
2890:
2884:
2881:
2879:
2876:
2875:
2873:
2870:
2866:
2851:
2848:
2846:
2843:
2840:
2839:
2837:
2834:
2830:
2825:
2824:
2819:
2818:
2813:
2807:
2803:
2796:
2791:
2789:
2784:
2782:
2777:
2776:
2773:
2761:
2758:
2756:
2753:
2749:
2746:
2745:
2744:
2741:
2739:
2736:
2734:
2731:
2729:
2726:
2724:
2721:
2719:
2716:
2714:
2711:
2710:
2708:
2704:
2697:
2696:San Francisco
2693:
2690:
2687:
2683:
2680:
2677:
2673:
2670:
2667:
2663:
2662:Neel Kashkari
2660:
2657:
2653:
2650:
2647:
2643:
2640:
2637:
2633:
2630:
2627:
2623:
2622:Thomas Barkin
2620:
2617:
2613:
2610:
2607:
2603:
2600:
2597:
2593:
2592:John Williams
2590:
2587:
2583:
2582:Susan Collins
2580:
2579:
2577:
2575:(by district)
2571:
2565:
2562:
2560:
2557:
2555:
2552:
2550:
2547:
2544:
2540:
2537:
2534:
2530:
2527:
2524:
2520:
2519:Jerome Powell
2517:
2516:
2514:
2512:
2506:
2499:
2498:Jerome Powell
2496:
2493:
2490:
2487:
2484:
2481:
2478:
2475:
2472:
2469:
2466:
2463:
2460:
2457:
2454:
2451:
2448:
2445:
2442:
2439:
2436:
2433:
2430:
2427:
2424:
2421:
2418:
2415:
2412:
2409:
2406:
2405:
2403:
2401:
2397:
2390:
2389:
2385:
2382:
2379:
2376:
2372:
2369:
2366:
2363:
2360:
2357:
2355:
2352:
2349:
2348:
2344:
2341:
2338:
2335:
2332:
2329:
2326:
2323:
2320:
2317:
2314:
2311:
2308:
2305:
2302:
2299:
2296:
2293:
2290:
2287:
2286:Greenspan put
2284:
2281:
2280:
2276:
2273:
2272:
2268:
2265:
2262:
2259:
2256:
2253:
2250:
2247:
2244:
2241:
2238:
2235:
2232:
2229:
2226:
2223:
2220:
2217:
2214:
2211:
2208:
2205:
2202:
2199:
2196:
2193:
2190:
2187:
2184:
2182:
2179:
2176:
2173:
2171:
2168:
2165:
2162:
2159:
2156:
2153:
2150:
2147:
2144:
2141:
2138:
2135:
2132:
2129:
2126:
2123:
2120:
2117:
2114:
2111:
2108:
2105:
2102:
2101:
2099:
2096:
2091:
2087:
2081:
2078:
2074:
2071:
2070:
2069:
2066:
2064:
2063:Federal funds
2061:
2057:
2054:
2053:
2052:
2049:
2048:
2046:
2044:Federal funds
2042:
2036:
2033:
2031:
2028:
2026:
2023:
2022:
2020:
2016:
2001:
1998:
1996:
1993:
1992:
1990:
1988:
1984:
1978:
1975:
1973:
1970:
1968:
1965:
1963:
1960:
1958:
1955:
1954:
1951:
1947:
1940:
1935:
1933:
1928:
1926:
1921:
1920:
1917:
1910:
1907:
1904:
1901:
1898:
1895:
1892:
1888:
1883:
1882:
1878:
1873:
1869:
1866:
1863:
1859:
1856:
1853:
1849:
1846:
1842:
1839:
1835:
1834:
1833:
1832:
1813:
1807:
1804:
1791:
1787:
1781:
1779:
1775:
1767:September 27,
1762:
1758:
1754:
1750:
1743:
1740:
1732:September 27,
1727:
1723:
1722:
1717:
1711:
1708:
1695:
1691:
1687:
1680:
1678:
1674:
1662:
1656:
1653:
1641:
1637:
1631:
1628:
1624:
1623:
1619:
1616:
1609:
1606:
1593:
1589:
1583:
1580:
1567:
1563:
1559:
1553:
1550:
1546:
1542:
1539:
1538:
1533:
1529:
1524:
1521:
1513:September 18,
1505:
1498:
1492:
1489:
1476:
1472:
1468:
1462:
1459:
1446:
1442:
1436:
1434:
1430:
1426:
1425:
1418:
1415:
1411:
1405:
1402:
1398:
1392:
1389:
1384:
1377:
1374:
1370:
1364:
1361:
1348:
1344:
1340:
1333:
1330:
1326:
1322:
1319:
1314:
1311:
1298:
1294:
1293:Rolling Stone
1290:
1286:
1280:
1277:
1273:
1269:
1266:
1261:
1258:
1245:
1241:
1237:
1231:
1228:
1215:
1211:
1207:
1201:
1198:
1194:
1193:
1186:
1181:
1178:
1176:
1173:
1171:
1168:
1166:
1163:
1161:
1158:
1156:
1153:
1151:
1148:
1146:
1143:
1141:
1138:
1137:
1133:
1122:
1117:
1115:
1113:
1112:
1106:
1104:
1103:
1097:
1095:
1091:
1087:
1083:
1079:
1075:
1070:
1068:
1064:
1060:
1059:
1053:
1050:
1049:
1043:
1041:
1040:
1034:
1032:
1031:
1027:In the first
1022:
1018:
1014:
1012:
1008:
1007:
1003:
996:
991:
988:
981:
976:
973:
966:
961:
958:
951:
946:
943:
936:
931:
928:
921:
916:
913:
906:
901:
898:
890:
883:
881:
877:
872:
870:
867:
866:
862:
858:
854:
849:
847:
844:
841:
840:
836:
832:
827:
825:
822:
819:
818:
815:Term expires
814:
811:
808:
807:
796:
792:
787:
785:
782:
781:
777:
775:
771:
766:
764:
763:Scott Rechler
761:
760:
756:
752:
747:
745:
742:
741:
738:Term expires
737:
734:
731:
730:
720:
716:
712:
710:
703:
701:
698:
697:
693:
691:
687:
682:
680:
679:René F. Jones
677:
676:
673:Term expires
672:
669:
666:
665:
659:
653:
651:
649:
646:, subject to
645:
641:
640:
635:
630:
626:
625:Goldman Sachs
622:
617:
614:
606:
604:
602:
594:
592:
590:
586:
582:
578:
573:
571:
567:
563:
559:
555:
551:
547:
543:
534:
530:
527:
526:exchange rate
523:
522:U.S. Treasury
518:
516:
512:
509:—through its
508:
504:
500:
496:
486:
479:
477:
475:
471:
467:
462:
460:
456:
451:
447:
445:
441:
437:
431:
426:
424:
423:
418:
414:
413:gold standard
410:
406:
402:
397:
395:
390:
389:Bankers Trust
386:
379:Establishment
378:
376:
374:
370:
365:
363:
359:
355:
351:
346:
344:
340:
337:. Located at
336:
332:
328:
324:
320:
316:
312:
308:
307:United States
304:
300:
291:
287:
282:
279:
276:
272:
266:
255:
253:
242:
238:
227:
225:
214:
212:
201:
193:
189:
172:
165:
160:
157:
156:
154:
150:
136:
132:
127:
99:
97:
93:
87:
83:
82:New York City
79:
74:
71:
60:
55:
48:
43:
37:
33:
19:
2931:Jacksonville
2844:
2832:
2823:Philadelphia
2821:
2815:
2713:Central bank
2692:Mary C. Daly
2606:Philadelphia
2595:
2559:Lisa D. Cook
2539:Michael Barr
2492:Janet Yellen
2486:Ben Bernanke
2474:Paul Volcker
2432:Eugene Meyer
2426:Roy A. Young
2386:
2345:
2277:
2269:
2198:FOMC actions
2152:Regulation Q
2140:Regulation D
1896:
1871:
1861:
1851:
1844:
1837:
1830:
1829:
1816:. Retrieved
1806:
1794:. Retrieved
1765:. Retrieved
1752:
1742:
1730:. Retrieved
1719:
1710:
1698:. Retrieved
1689:
1664:. Retrieved
1655:
1643:. Retrieved
1639:
1630:
1613:
1608:
1598:December 29,
1596:. Retrieved
1582:
1570:. Retrieved
1561:
1552:
1536:
1532:Planet Green
1527:
1523:
1511:. Retrieved
1504:the original
1491:
1479:. Retrieved
1470:
1461:
1449:. Retrieved
1444:
1422:
1417:
1409:
1404:
1396:
1391:
1382:
1376:
1368:
1363:
1351:. Retrieved
1342:
1332:
1313:
1303:September 9,
1301:. Retrieved
1297:the original
1292:
1279:
1260:
1248:. Retrieved
1239:
1230:
1218:. Retrieved
1209:
1200:
1191:
1190:
1132:Banks portal
1109:
1107:
1100:
1098:
1093:
1089:
1085:
1081:
1077:
1071:
1067:Jeremy Irons
1063:Bruce Willis
1056:
1054:
1046:
1044:
1037:
1035:
1028:
1026:
845:
823:
718:
686:M&T Bank
657:
643:
637:
618:
610:
598:
589:basis points
574:
539:
519:
511:trading desk
491:
463:
452:
448:
433:
428:
420:
398:
382:
366:
347:
298:
296:
69:Headquarters
63:Headquarters
36:
18:New York Fed
3090:Los Angeles
3071:San Antonio
3023:Kansas City
3004:Minneapolis
2984:Little Rock
2946:New Orleans
2682:Lorie Logan
2676:Kansas City
2672:Jeff Schmid
2666:Minneapolis
2494:(2014–2018)
2488:(2006–2014)
2482:(1987–2006)
2476:(1979–1987)
2470:(1978–1979)
2464:(1970–1978)
2458:(1951–1970)
2452:(1948–1951)
2446:(1934–1948)
2440:(1933–1934)
2434:(1930–1933)
2428:(1927–1930)
2422:(1923–1927)
2416:(1916–1922)
2410:(1914–1916)
2383:(2020–2021)
2361:(2009–2010)
2342:(2008–2010)
2336:(2008–2010)
2318:(2007–2010)
2210:Nixon shock
2177:(1944–1971)
2122:Pittman Act
2112:(1909–1912)
2095:Antecedents
1666:October 24,
1645:October 24,
1285:Matt Taibbi
1220:February 5,
1111:The Endgame
1074:comic books
1061:, starring
876:Healthfirst
577:yield curve
440:monetarists
401:World War I
331:Puerto Rico
327:Connecticut
252:Connecticut
224:Puerto Rico
134:Established
121: /
96:Coordinates
3120:Categories
2989:Louisville
2926:Birmingham
2883:Pittsburgh
2878:Cincinnati
2533:Vice Chair
2134:Phelan Act
2025:Beige Book
1962:Vice Chair
1757:ProPublica
1700:October 9,
1187:References
1102:The Strain
891:Presidents
770:RXR Realty
607:Criticisms
558:short tons
409:securities
333:, and the
265:New Jersey
240:Parts of:
152:Key people
144:1914-11-16
109:74°00′32″W
106:40°42′31″N
2975:St. Louis
2941:Nashville
2907:Charlotte
2902:Baltimore
2869:Cleveland
2760:Sahm rule
2723:Fed model
2656:St. Louis
2616:Cleveland
2511:governors
2298:FIRRE Act
2264:DIDMC Act
2142:(c. 1930)
2056:Bank rate
1987:Banknotes
1967:Governors
1572:March 31,
1481:March 31,
1451:March 30,
1353:March 31,
1030:Godfather
850:President
619:In 2012,
562:Fort Knox
476:in 1924.
464:A public
436:liquidity
175:(Interim
164:President
3095:Portland
3083:branches
3066:Houston
3054:branches
3025:branches
3006:branches
2977:branches
2958:branches
2919:branches
2895:branches
2893:Richmond
2871:branches
2845:(closed)
2835:branches
2833:New York
2728:Fedspeak
2626:Richmond
2596:New York
2128:Edge Act
1818:July 20,
1790:Archived
1761:Archived
1726:Archived
1694:Archived
1618:Archived
1592:Archived
1566:Archived
1562:ABC News
1541:Archived
1475:Archived
1347:Archived
1321:Archived
1268:Archived
1250:March 4,
1244:Archived
1214:Archived
1118:See also
869:Pat Wang
846:(Chair)
821:Rosa Gil
804:Class C
727:Class B
662:Class A
211:New York
3105:Seattle
3061:El Paso
2994:Memphis
2965:Detroit
2956:Chicago
2917:Atlanta
2842:Buffalo
2748:History
2733:Fed put
2706:Related
2646:Chicago
2636:Atlanta
2509:Current
2373:(2010;
2367:(2009–)
2090:History
2018:Reports
1796:June 6,
1427:,(1986)
857:AFL–CIO
585:T-bills
556:(7,700
515:Fedwire
305:of the
274:Website
142: (
3052:Dallas
3032:Denver
3013:Helena
2817:Boston
2686:Dallas
2586:Boston
2400:Chairs
2391:(2024)
2350:(2009)
2330:(2008)
2324:(2008)
2312:(1999)
2306:(1991)
2300:(1989)
2294:(1987)
2288:(1987)
2282:(1985)
2274:(1981)
2266:(1980)
2260:(1978)
2254:(1978)
2248:(1978)
2242:(1977)
2236:(1977)
2230:(1975)
2224:(1974)
2218:(1971)
2212:(1971)
2206:(1968)
2194:(1956)
2188:(1951)
2166:(1934)
2160:(1933)
2154:(1933)
2148:(1933)
2136:(1920)
2130:(1919)
2124:(1918)
2118:(1913)
2106:(1908)
1640:NY Fed
1625:, 2009
1092:, and
812:Title
791:Nasdaq
735:Title
719:Vacant
670:Title
595:Branch
554:tonnes
262:
249:
234:
221:
208:
88:10045,
3042:Omaha
2936:Miami
2523:Chair
1957:Chair
1507:(PDF)
1500:(PDF)
1192:Notes
884:2025
863:2024
837:2023
809:Name
797:2025
778:2024
757:2023
732:Name
713:2025
694:2024
667:Name
2820:and
2810:The
1820:2019
1798:2017
1769:2014
1734:2014
1702:2014
1668:2023
1647:2023
1600:2015
1574:2020
1515:2010
1483:2020
1453:2010
1355:2020
1305:2012
1252:2022
1222:2023
1065:and
1000:11.
985:10.
644:i.e.
599:The
540:The
505:and
297:The
179:and
166:and
90:U.S.
51:Seal
2814:of
1015:6.
1009:4.
970:9.
955:8.
940:5.
925:2.
910:1.
751:IBM
570:IMF
341:in
325:in
181:COO
177:FVP
168:CEO
76:33
3122::
1870:.
1860:.
1777:^
1759:.
1755:.
1751:.
1718:.
1692:.
1688:.
1676:^
1638:.
1590:.
1564:.
1560:.
1473:.
1469:.
1443:.
1432:^
1345:.
1341:.
1291:.
1238:.
1212:.
1208:.
1096:.
1088:,
1084:,
1080:,
855:,
446:.
375:.
329:,
321:,
86:NY
84:,
2794:e
2787:t
2780:v
2698:)
2694:(
2688:)
2684:(
2678:)
2674:(
2668:)
2664:(
2658:)
2654:(
2648:)
2644:(
2638:)
2634:(
2628:)
2624:(
2618:)
2614:(
2608:)
2604:(
2598:)
2594:(
2588:)
2584:(
2545:)
2541:(
2535:)
2531:(
2525:)
2521:(
2377:)
2097:)
2093:(
1938:e
1931:t
1924:v
1822:.
1800:.
1771:.
1736:.
1704:.
1670:.
1649:.
1602:.
1576:.
1517:.
1485:.
1455:.
1357:.
1307:.
1254:.
1224:.
183:)
170:)
162:(
146:)
34:.
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.