Banking and Policy Issues Magazine
New York Fed President
Top of the Ninth
Comments by president Gary H. Stern
- Open Market Operations
Every day, the open market trading desk at the New York Federal Reserve Bank engages in million-dollar transactions that have far-reaching implications for U.S. monetary policy and international financial markets. The following story—excerpted from the New York Fed's Open Market Operations, by Paul Meek—illustrates the impact of the trading desk's daily activities
- Blueprint for Tomorrow's Education
Former Minneapolis Fed director John B. Davis Jr. spoke to a group of teachers attending a seminar at the bank earlier this year on the subject, "A Blueprint for Tomorrow's Education."