Federal Reserve Bank of New York: Statement Regarding Treasury Securities Small Value Exercise
June 11, 2020
June 11, 2020
NEW YORK, June 11 -- The Federal Reserve Bank of New York issued the following statement announcing changes to the operating polices for conducting open market operations:
The New York Fed undertakes certain small value open market transactions from time to time for the purpose of testing operational readiness to implement existing and potential policy directives from the Federal Open Market Committee (FOMC).
The FOMC authorizes the New York Fed's Open Market Trading De . . .
The New York Fed undertakes certain small value open market transactions from time to time for the purpose of testing operational readiness to implement existing and potential policy directives from the Federal Open Market Committee (FOMC).
The FOMC authorizes the New York Fed's Open Market Trading De . . .