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.

The New York Fed opened for business on November 16, 1914, under the leadership of Benjamin Strong Jr., who had previously been president of the Bankers Trust Company.

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

In 2009, the New York Federal Reserve Bank commissioned a probe into its own practices.

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.

The New York Fed is the largest in terms of assets of the twelve regional banks.

Operating in the financial capital of the U.S., the New York Fed is responsible for conducting open market operations, the buying and selling of outstanding U.S. Treasury securities.

Contact-

Head Office
Federal Reserve Bank of New York
33 Liberty Street
New York, NY 10045