The manager of the Trading Desk that carries out open market operations on behalf of the Federal Reserve System is a vice president at the Federal Reserve Bank of New York.

Question

Quizplus · Accepted Answer

The manager of the Trading Desk, also known as the Open Market Operations Desk, which carries out open market operations for the Federal Reserve System, is indeed a vice president at the Federal Reserve Bank of New York. This position is crucial for implementing monetary policy decisions made by the Federal Open Market Committee (FOMC).

The Manager of the Trading Desk That Carries Out Open