The New York Fed’s Legal Group launched the Pro Bono Legal Work Program in early 2021 to encourage staff to provide free legal services to those in need.
April 12, 2023
Through Pro Bono Program, New York Fed Legal Group Volunteers Bring Services to Those in Need
Posted in Community Development | Permalink
March 31, 2023
Key Takeaways from President Williams’s Speech on Achieving Balance Amid Uncertainty
On Friday, March 31, 2023, New York Fed President John Williams spoke at an event hosted by Housatonic Community College. He discussed inflation, credit conditions, and the ways in which monetary policy is working to restore balance in the economy.
Posted in Economic Outlook | Permalink
February 16, 2023
Bringing the HE³AT: New Program Invites High School Students to the New York Fed for Hands‑on Learning
The high school students sitting in small groups in the New York Fed’s Museum and Learning Center had received clear instructions about the 30 paper slips on each group’s table: Using their non-dominant hands, students could grab one piece of paper at a time during each of five 20-second rounds. At the end of each round, each group would receive either double the number of slips left on the table or 10 additional slips. The goal: Maximize the number of paper slips held by each group.
Posted in Economic Education | Permalink
February 14, 2023
Key Takeaways from President Williams’s Speech on the Economic Outlook and Monetary Policy
On Tuesday, February 14, 2023, New York Fed President John Williams spoke at an event hosted by the New York Bankers Association. He discussed inflation, imbalances in supply and demand, and the ways in which monetary policy is working to restore balance in the economy.
Posted in Economic Outlook | Permalink
February 9, 2023
Key Takeaways from Dianne Dobbeck on Innovation in Community Banking
In an article for the Federal Reserve System’s Community Banking Connections publication, Dianne Dobbeck, head of Supervision at the New York Fed, discussed technological developments in the financial services industry and the need for firms to practice responsible innovation to protect consumers and ensure the safety and soundness of the financial system.
Posted in Supervision | Permalink
January 26, 2023
At the New York Fed: The Eighth Annual U.S. Treasury Market Conference
On November 16, 2022, the New York Fed hosted the eighth U.S. Treasury Market Conference. This annual event is an opportunity for market participants, official sector representatives, academics, regulatory authorities, and other stakeholders to gather and discuss key developments, policy issues, and recent trends in the market for U.S. Treasury securities. It is co-sponsored with the U.S. Department of the Treasury, the Board of Governors of the Federal Reserve System, the U.S. Securities and Exchange Commission (SEC), and the U.S. Commodity Futures Trading Commission (CFTC), and after two years of virtual convenings was held in person again for the first time since 2019. Here are highlights from featured speakers and takeaways from the panel discussions.
Posted in Financial Markets | Permalink
January 19, 2023
Key Takeaways from President Williams’s Speech on Rebalancing and Realignment in the Economy
On Thursday, January 19, 2023, New York Fed President John Williams spoke at an event hosted by the Fixed Income Analysts Society. He discussed inflation, the continued imbalances between supply and demand, and the effects that monetary policy is having on different sectors of the economy.
Posted in Economic Outlook | Permalink
December 21, 2022
Community Development at the Fed: Doing the Research, Bringing Disparate Voices to the Table
Low- and moderate-income people face intertwined economic challenges. A family unable to replace drafty windows may pay a higher heating bill each month, making paying other bills more difficult. Small business owners who lack access to loans may be unable to hire new workers, making local jobs harder to find.
Posted in Community Development | Permalink
December 16, 2022
Tech, Tourism, and Training: Hearing Firsthand About Buffalo’s Evolving Economy
In October, New York Fed President John Williams traveled to Buffalo to hear from local stakeholders about economic conditions in western New York as the region emerges from the pandemic. During the two-day visit, he met with government officials, business leaders, higher education representatives, and nonprofit and community leaders. Here are key themes that emerged in these meetings and discussions.
Posted in Regional Visits | Permalink
December 8, 2022
Seeking Solutions for the Costs and Challenges of Food Insecurity
In 2021, about one of every 10 households was food insecure at some point, worrying that their food would run out before there was money to buy more. The costs of widespread food insecurity are felt everywhere, since hunger reduces productivity and costs the healthcare system billions of dollars each year.
Posted in Community Development | Permalink
