Federal Reserve Bank of New York: Statement Regarding Repurchase Agreement Small Value Exercise
June 15, 2020
June 15, 2020
NEW YORK, June 15 -- 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 small value open market transactions 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 Desk (the Desk) to conduct t . . .
The New York Fed undertakes small value open market transactions 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 Desk (the Desk) to conduct t . . .