This morning, the New York Fed released a set of interactive maps and charts illuminating school finances in New York and New Jersey.
On October 5, 2012, the Federal Reserve Bank of New York and the Rockefeller Institute of Government co-hosted the conference “Distressed Residential Real Estate: Dimensions, Impacts, and Remedies.”
In 1965, Baby-Boomer kids may have been treated to TV footage of a high-stepping chorus line and thousands of people cheering to the background tune “Happy Days Are Here Again.”
The fragility inherent in the tri-party repo market came to light during the 2008-09 financial crisis.
Since the onset of the housing crisis, a focus of policymakers has been to help underwater homeowners lower their monthly mortgage payments by refinancing, principally through the Home Affordable Refinance Program (HARP).
Money has been a topic of keen interest throughout history.
Beverly Hirtle Large bank holding companies (BHCs) continued to pay dividends to their shareholders well after the onset of the recent financial crisis. Academics, industry analysts, and policymakers have noted that these payments reduced capital at these firms at a time when there was considerable uncertainty about the full extent of losses facing individual banks […]
Traditionally, we have thought of the fates of specific banks as perhaps symptomatic of problems in the financial market but not as causal determinants of fluctuations in aggregate investment and other real economic activity.