NEW YORKâOn Thursday, September 30, and Friday, October 1, the Federal Reserve Bank of New York will host a virtual conference bringing together academics and central bankers to discuss the Federal Reserve’s actions in response to the COVID-19 pandemic. The conference will feature opening and closing remarks from President and Chief Executive Officer, John C. Williams, as well as panelists from the New York Fed, the Federal Reserve Board, the European Central Bank, the Bank for International Settlements, the U.S Treasury, and several academic institutions.
The conference will cover the following topics: the financial fragilities revealed by the pandemic; the macroeconomic dynamics that were affected by the policy interventions and whether interventions could help in similar future crises; and the lessons learned about the official sector’s response to the crisis. In conjunction with the conference, the New York Fed today released nine staff reports that describe the liquidity facilities stood up by the Federal Reserve to respond to the economic disruptions created by the pandemic. The papers are available here. Three of the staff reports will be presented during the first session of the conference, covering the Corporate Credit Facilities (PMCCF and SMCCF), the Main Street Lending Program (Main Street), and the Municipal Liquidity Facility (MLF).
The conference is open to the public. Further details on the event, including the full agenda, are available here. Those who wish to register for the conference can do so through the event page.
The event is also open to members of the press. All remarks are on the record and the event will be recorded. Media who wish to attend should contact Andrea Priest at the New York Fed, andrea.priest@ny.frb.org.
