Management of the System Open Market Account (SOMA)
GPTKB entity
Statements (17)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Federal Reserve function
|
| gptkbp:administeredBy |
gptkb:Federal_Reserve_Bank_of_New_York
|
| gptkbp:established |
1923
|
| https://www.w3.org/2000/01/rdf-schema#label |
Management of the System Open Market Account (SOMA)
|
| gptkbp:location |
gptkb:Federal_Reserve_Bank_of_New_York
|
| gptkbp:manages |
gptkb:U.S._Treasury_securities
federal agency securities repurchase agreements reverse repurchase agreements |
| gptkbp:oversees |
gptkb:Federal_Open_Market_Committee
|
| gptkbp:purpose |
influence interest rates
influence money supply support Federal Reserve monetary policy objectives |
| gptkbp:responsibleFor |
implementing monetary policy
conducting open market operations |
| gptkbp:bfsParent |
gptkb:FRBNY
|
| gptkbp:bfsLayer |
7
|