We're excited to share that, for the second year in a row, the New York Fed has been named a Best Place to Work for Disability Inclusion, earning a top score on @DisabilityIN’s #DisabilityEqualityIndex®. This award further affirms our continued commitment to fostering a culture of inclusion in our workplace. Learn more: https://bit.ly/4flqOpx
Federal Reserve Bank of New York
Financial Services
New York, NY 134,844 followers
Serving the Second District and the Nation
About us
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. Some of its most critical functions include the implementation of monetary policy, supervision and regulation of depository institutions, international operations and financial services. The New York Fed oversees the Second Federal Reserve District, which includes New York State, the 12 northern counties of New Jersey, Fairfield County in Connecticut, Puerto Rico and the U.S. Virgin Islands. Though we serve the public interest in a geographically small area, the New York Fed is the largest Reserve Bank in terms of assets and volume of activity. We accomplish this with talented and innovative people working within a collaborative and inclusive culture. We welcome and invite engagement and discussion on our Linkedin page. In order to maintain a productive exchange of thoughts, opinions, and ideas we prohibit any comments that contain: • Defamation of an individual, group or organization • Spam: posting identical or similar posts repeatedly • Obscenity or vulgarity • Misleading or fraudulent statements and false information • A violation of another’s intellectual property rights • commercial in nature The views, opinions and experiences expressed in user-submitted comments are solely those of the author and do not necessarily reflect those of the Federal Reserve Bank of New York. We reserve the right to remove comments, at our discretion and without notice.
- Website
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http://www.newyorkfed.org
External link for Federal Reserve Bank of New York
- Industry
- Financial Services
- Company size
- 1,001-5,000 employees
- Headquarters
- New York, NY
- Type
- Nonprofit
- Founded
- 1914
- Specialties
- Monetary Policy, Supervision and Regulation, Financial Services, International Operations, Payment Systems, Economic Research and Statistics, Risk Management, and Information Security
Locations
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Primary
33 Liberty Street
New York, NY 10045, US
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100 Orchard Street
East Rutherford, NJ, US
Employees at Federal Reserve Bank of New York
Updates
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JUST RELEASED: Outlook-at-Risk → The current reading of inflation-at-risk implies that the conditional distribution for average inflation over the next four quarters is very close to the unconditional distribution. Explore the data: https://nyfed.org/3PrFE1d
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President Williams discussed the outlook for the economy, inflation, and interest rates in an interview with the Wall Street Journal. Read the full transcript: https://on.wsj.com/3zLPdEi
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Wage insurance is a novel policy that temporarily provides additional income to workers who lose their jobs and become re-employed at a lower wage. In today's post, the authors find that, among workers displaced by international trade, eligibility for wage insurance increased the probability of employment in the first two years following job loss and led to higher long-term earnings. Workers collected fewer benefits and paid taxes on their increased earnings, resulting in net savings to the government. https://nyfed.org/3WfD2r0
Wage Insurance: A Potential Policy for Displaced Workers - Liberty Street Economics
https://libertystreeteconomics.newyorkfed.org
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We're hiring a Data Analytics Specialist to join our Research team and work with a team of economists and research analysts. The selected candidate will help conduct analyses and prepare reports for policy and research projects. Responsibilities also include managing data using software packages, performing analyses and model estimations and simulations, preparing memos and presentations, proofreading reports and articles, and more. Candidates with training and interest in economics, econometrics, computer programming, surveying, and data analytics can apply with their resume, writing sample, and unofficial transcript here: https://bit.ly/4f6rtek
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Activity continued to edge slightly lower in the region’s service sector, according to firms responding to our July 2024 Business Leaders Survey. The survey’s headline business activity index held steady at -4.5. Explore the data here: https://nyfed.org/2ygXLUi
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The consumer price index for groceries has risen more than the overall price index since the start of the pandemic. In looking for explanations, a starting place is commodity prices, which surged from early 2021 to mid-2022. Also, wages for grocery workers have gone up faster than wages for the workforce as a whole. In today's post, the author suggests food inflation moderations since 2023 are due to still-high wage inflation for grocery workers being offset by the retreat in commodity prices. https://nyfed.org/3zMYFaA
What Was Up with Grocery Prices? - Liberty Street Economics
https://libertystreeteconomics.newyorkfed.org
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We track the year-over-year change in home prices across the United States. Our latest update adds data for May 2024. Explore the data by county: https://nyfed.org/2PmV388
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Our Global Currency Programs & Services team, which leads the Federal Reserve System’s global USD banknotes distribution programs, is hiring for a Market Intelligence Associate. In this role, which is based out of East Rutherford, New Jersey, you will provide real-time monitoring and analysis of developments in the USD wholesale banknote market, provide subject matter expertise by following international and financial economic developments, and more. If you’re a professional with a background in global macroeconomic, geopolitical, or financial market analysis, learn more and apply: https://lnkd.in/ekdY_sz9
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Business activity continued to decline modestly in New York State, according to firms responding to the July 2024 Empire State Manufacturing Survey. The headline general business conditions index was little changed at -6.6. New orders remained steady, while shipments inched just slightly higher. Explore the data: https://nyfed.org/2T8gCbr