Why is the Federal Reserve Bank of New York granted special status? What is the special status?

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Financial Institutions, Markets and Money

ISBN: 978-1119330363

12th edition

Authors: David S. Kidwell, David W. Blackwell, David A. Whidbee, Richard W. Sias

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Question Posted: Sep 27, 2018 01:28 PM

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Why is the Federal Reserve Bank of New York granted special status? What is the special status?

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The New York Feds special status is in its responsibility to conduct open market opera...View the full answer

Financial Institutions, Markets and Money

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