Board of Governors of the Federal Reserve System

Bank of Dallas Andreas L. Hornstein, Senior Advisor, Federal Reserve Bank...currencies for the System’s account over the intermeeting period. Staff

banks. Community banks have a long history of providing essential financial...banks declined less severely than at large banks during the last recession

Currency Authorization, (b) the Foreign Currency Directive, and (c) the...Currency Operations including a review of the "warehousing" authority

skip to main navigation skip to secondary navigation skip to content skip secondary navigation Monetary Policy Report July 17, 2013: Summary Part

Bank Presidents and Bank staff, connections to the System IT network will...central economic outlook and the uncertainty and risks around that outlook

central role in the model. These include, first, an aggregate risk premium

central reserve city banks; from 18 to 17 Y2 per cent at reserve city ...central reserve city banks; from 17Y2 to 17 per cent at reserve city banks

currencies were used; since January 1981, five currencies have been used...currency swaps with the European Central Bank and the Swiss National Bank

bank borrowings averaged about $275 million. Increased the System's holdings...currency ap peared to have weathered the recent crisis, the situation

central banks. Policymakers have emphasized how persistently low inflation...central bank’s inflation target. Such a development would have minimal