The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to …

The Federal Reserve Bank of New York works within the Federal Reserve System and with other public and private sector institutions to foster the safety, soundness and vitality of our economic and financial systems.

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At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial services, supervising banks and providing thought leadership on issues that impact the nation and communities we serve.

Aug 19, 2024 · NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the July 2024 SCE Labor Market Survey, which shows a sharp increase in the proportion of job seekers compared to a year ago.

Dec 12, 2024 · NEW YORK— The Federal Reserve Bank of New York today announced that Michelle Neal has stepped down from her role as Head of the Markets Group and a member of the Bank’s Executive Committee.

Jan 9, 2025 · Publication of the Effective Federal Funds Rate (EFFR) and Overnight Bank Funding Rate (OBFR) follows the New York Fed’s Holiday Schedule, which remains unchanged. As a result, the EFFR and OBFR will also be published on, and for, Thursday, January 9, 2025.

Dec 19, 2024 · NEW YORK—The Federal Reserve Bank of New York today announced the appointment of John B. Gibson to the New York Fed’s Second District Advisory Council, effective immediately.

The New York Fed holds the annual Central Banking Seminar to educate central bankers from around the world about developments in U.S. and global economies, monetary policy, financial supervision, and current challenges.

Oct 4, 2024 · Layoffs were widespread. The initial job loss of more than 20 percent in New York City exceeded the national decline of 15 percent. 2 You’ll hear more about how the employment situation has evolved over the past four years from my colleague Jaison Abel in a few minutes.