New York Fed President John C. Williams spoke about his economic outlook and monetary policy before a group of real estate and business leaders from across the greater New York metropolitan area on January 10, 2024.
January 10, 2024
Key Takeaways from President Williams’s Speech on the Economic Outlook and Monetary Policy
Posted in Economic Outlook | Permalink
January 8, 2024
What Would It Take to Create a More Robust Secondary Market for CDFI Loans?
A more robust secondary market for loans originated by Community Development Financial Institutions (CDFIs), which specialize in lending to low- and moderate-income communities, would give CDFIs greater access to capital, thus allowing them to make more loans. This is why the Community Development team at the New York Fed is researching the secondary market for loans originated by CDFIs and how that market could be expanded.
Posted in Community Development | Permalink
December 14, 2023
AI Applications in Finance: Considering the Benefits and Risks
The Fourth New York Fed Conference on Fintech, held on September 29, convened thought leaders from the financial industry, academia, and public sector to discuss financial technology developments and their impact, with a focus on artificial intelligence (AI) and digital assets. As I noted in remarks at that event, I believe it is important to broaden our collective understanding of how financial technology—and especially generative AI—can be harnessed to deliver progress on our collective goals, while recognizing the need for guardrails and safety measures.
Posted in Technology | Permalink
November 30, 2023
Key Takeaways from President Williams’s Speech on Restoring Price Stability
New York Fed President John C. Williams spoke about monetary policy and his economic outlook at an event hosted by the Bretton Woods Committee and the New York Fed on November 30, 2023.
Posted in Economic Outlook | Permalink
November 28, 2023
Similar Challenges, New Relationships: International Attendees Reflect on the Central Banking Seminar
The New York Fed invites central bankers from around the world to its annual Central Banking Seminar each October. The Seminar, now in its 47th year, aims to educate central bankers about recent developments and current challenges in U.S. and global economies and financial markets, monetary policy, and financial supervision.
Posted in International Engagement | Permalink
November 16, 2023
Key Takeaways from President Williams’s Speech at the 2023 U.S. Treasury Market Conference
On Thursday, November 16, 2023, New York Fed President John Williams spoke at the 2023 U.S. Treasury Market Conference about how transactions-based, transparent, and well-documented data is critical to the collective understanding and decision-making at the Federal Reserve and beyond.
Posted in Financial Markets | Permalink
November 3, 2023
Measuring and Adapting to Climate Risk: Key Takeaways from the 2023 Environmental Economics and Policy Conference
The New York Fed and Columbia University’s School of International and Public Affairs brought together economists, Ph.D. candidates, and climate experts on October 2 for the second annual Environmental Economics and Policy Conference, “Measuring and Adapting to Climate Risk.” The conference featured a keynote address from Columbia University professor and Nobel Laureate Joseph E. Stiglitz and a conversation between Stiglitz and New York Fed President John C. Williams.
Posted in Community Development | Permalink
October 10, 2023
Key Takeaways from Roberto Perli’s Speech on Monetary Policy Implementation
Roberto Perli, Manager of the Federal Reserve’s System Open Market Account (SOMA), spoke at the annual meeting of the National Association of Business Economics on Tuesday, October 10. He discussed monetary policy implementation, the performance of the Federal Reserve’s implementation framework over recent stress episodes, and his perspective on money markets and reserve conditions going forward.
Posted in Monetary Policy Implementation | Permalink
September 29, 2023
Peeling the Inflation Onion, Revisited
Editor’s note: New York Fed President John C. Williams prepared the following remarks for delivery on Friday, September 29 as part of a regional visit to Long Island. The regional visit was canceled, and the speech was not delivered publicly, but we have published the text here at the originally scheduled time.
Posted in Economic Outlook | Permalink
September 28, 2023
Better Late than Never: New York Fed Launches on Instagram
After 13 years and more than two billion active users, we’ve finally joined Instagram. Why now?
Posted in Diversity & Inclusion | Permalink
