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--- fed_notes [2023/04/26 22:43] – removed - external edit (Unknown date) 127.0.0.1
+++ fed_notes [2023/09/21 04:03] – [FedNow service] raju
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+==== useful links ====
+  * Fed's balance sheet - https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
+    * shows the history of fed's assets.
+  * https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm - contains links to the FOMC minutes.
+    * Example: https://www.federalreserve.gov/monetarypolicy/fomcminutes20220727.htm shows the minutes of July 26-27th, 2022 FOMC meeting. The minutes were released on Wed August 17th, 2022 at 2 PM.
+  * https://www.stlouisfed.org/open-vault/2019/may/how-read-fomc-statement - talks about how to read an FOMC statement. Good information density.
+  * [[https://money.howstuffworks.com/fed.htm | How the Fed Works]] (howstuffworks.com) - reads well; high information density.
+==== tidbits ====
+  * Fed’s seven-person board
+==== Questions ====
+  * How many Fed governors does the president appoint?
+==== links I came across ====
+  * https://www.federalreserve.gov/newsevents/pressreleases/monetary20220504b.htm - Plans for Reducing the Size of the Federal Reserve's Balance Sheet
+==== To be verified ====
+) In https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm , I see "FOMC Statement" and "FOMC Minutes". What is the difference between the two?
+A) The FOMC releases the "FOMC statement" after each FOMC meeting.
+The "FOMC Minutes" are released sometime later.
+For example, the Fed announced new rates on Wed 2022-05-04 at 2 pm.
+On 2022-05-05, I see the "statement" on the website but not the "minutes".
+tags | fed minutes
+==== fred data ====
+  * https://fred.stlouisfed.org/series/WALCL - Assets: Total Assets: Total Assets (Less Eliminations from Consolidation): Wednesday Level (WALCL)
+==== FedNow service ====
+  * https://www.federalreserve.gov/newsevents/pressreleases/other20230720a.htm - Federal Reserve announces that its new system for instant payments, the FedNow Service, is now live
+  * https://www.frbservices.org/financial-services/fednow/organizations - list of financial institutions that are currently live on the FedNow service.
+==== economic projections ====
+  * economic projections from the 2023 September 19-20 FOMC meeting - https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20230920.pdf