Published in New York Fed·4 days agoContributing to a Fair and Transparent FX MarketLorie K. Logan and Anna Nordstrom, Markets Group — For most, six trillion of anything is an unimaginable sum. In the world of foreign exchange (FX), $6 trillion of trading volumes is just a typical day in the market. The FX market is the largest financial market in the world, and it plays a pivotal role in facilitating the…Foreign Exchange4 min read
Published in New York Fed·May 26Closing Remarks at “Money and Mission: Creating 21st Century Capital Markets for Better Social Outcomes”Ellen Simon, Communications and Outreach — On Tuesday, May 17, the New York Fed hosted “Money and Mission: Creating 21st Century Capital Markets for Better Social Outcomes.” The event’s featured speakers were Rev. Cory Anderson, chief innovation officer, Winthrop Rockefeller Foundation; Geoffrey Canada, founder and president, Harlem Children’s Zone and William Julius Wilson Institute; Audrey Choi…Employment5 min read
Published in New York Fed·May 24Health and the Economy: Takeaways from a Conversation with the Surgeon GeneralJavier Silva and Tony Davis, Communications and Outreach — Last month, U.S. Surgeon General Dr. Vivek Murthy joined New York Fed President John Williams for a moderated discussion on the intersection of health and the economy, national efforts to promote a healthy workforce, and lessons learned during the pandemic. Among other things, they discussed the link between broadband access…Health3 min read
Published in New York Fed·May 19Investing in Rural Prosperity: A Framework for Advancing Economic Resilience and OpportunityAndrew Dumont, Senior Community Development Analyst, Federal Reserve Board — On May 24, the New York Fed, in collaboration with the Federal Reserve Board of Governors, is hosting “Investing in Rural Prosperity,” an event that will explore opportunities to advance shared economic prosperity in rural communities across the U.S. The event will draw from, and build on, the insights in…Community Development4 min read
Published in New York Fed·May 16Q&A with Clara Miller, Featured Speaker at “Money and Mission” Event on May 17Edison Reyes, Communications and Outreach — Clara Miller, president emerita of the F.B. Heron Foundation, will be the featured speaker at “Money and Mission: Creating 21st Century Capital Markets for Better Social Outcomes,” an event on May 17 focused on the potential to invest philanthropic dollars in a manner consistent with nonprofits’ missions. Ahead of the…Philanthropy5 min read
Published in New York Fed·May 10Key Takeaways from President Williams’s Speech on the Economic Outlook and Monetary PolicyJudy DeHaven, CEO Communications — On Tuesday, May 10, New York Fed President John Williams spoke about inflation, the economic outlook, and monetary policy at the 2022 International Economic Symposium co-hosted by the National Association for Business Economics and the Deutsche Bundesbank. He said: “The challenge for monetary policy today is clear: to bring inflation…Economics3 min read
Published in New York Fed·Apr 25Connecting with Teachers: Econ Ed Team Takes Lesson Plan to a Bigger ClassroomChaeri Han, Communications and Outreach — How do you engage, empower, and inspire the next generation? This was the question that brought together more than 300 New York State teachers, both in-person and online, at the annual convention of the New York State Council for the Social Studies in Albany, New York. The New York Fed’s…Economics2 min read
Published in New York Fed·Apr 2Key Takeaways from President Williams’s Speech on the Economic Outlook and Monetary PolicyJudy DeHaven, CEO Communications — On Saturday, April 2, New York Fed President John Williams spoke about inflation, the economic outlook, and monetary policy at an event hosted by the Griswold Center for Economic Policy Studies at Princeton University. He said: “Price stability is essential for sustained economic prosperity, and we are strongly committed to…Economics3 min read
Published in New York Fed·Mar 11New York’s Eviction Moratorium Ended. What Comes Next for Renters and Landlords?Maria Carmelita Recto and Edison Reyes, Communications and Outreach — New York State’s eviction moratorium, which was enacted as part of the state’s pandemic-relief efforts, expired on Jan. 15, 2022, putting thousands of renters at risk. Prior to the pandemic, the number of evictions filed by landlords in New York City was higher than any other city in the nation…Community Development4 min read
Published in New York Fed·Feb 18Key Takeaways from President William’s Speech on the Economic Outlook and Monetary PolicyJudy DeHaven, CEO Communications — On Friday, February 18, New York Fed President John Williams spoke about the economic outlook, inflation, and monetary policy at an event hosted by the Guarini Institute at New Jersey City University. He said: “Despite the disruptions from COVID-19, the overall economy has shown remarkable strength and resilience over the…Economics3 min read
