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Federal Reserve Bank of New York


Coordinates: 40°42′30″N 74°0′31″W / 40.70833°N 74.00861°W / 40.70833; -74.00861

The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is located at 33 Liberty Street, New York, NY. It is responsible for the Second District of the Federal Reserve System, which encompasses New York State, the 12 northern counties of New Jersey, Fairfield County in Connecticut, Puerto Rico, and the U.S. Virgin Islands. Working within the Federal Reserve System, the New York Federal Reserve Bank implements monetary policy, supervises and regulates financial institutions and helps maintain the nation's payment systems.

Among the other regional banks, New York Federal Reserve Bank and its president are considered first among equals. Its current president is William C. Dudley. It is by far the largest (by assets), most active (by volume) and most influential of the 12 regional Federal Reserve Banks.

The New York Fed publishes a monthly recession probability prediction derived from the yield curve and based on the work by Dr. Arturo Estrella & Dr. Tobias Adrian.


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