Simon M Potter: The Federal Reserve and central bank cooperation over the past 100 years

Simon M Potter: The Federal Reserve and central bank cooperation over the past 100 years

Speech

Simon M Potter: The Federal Reserve and central bank cooperation over the past 100 years

By Bank for International Settlements (BIS)

In this 2017 commemorative speech, Simon M. Potter, Executive Vice President of the New York Fed, celebrates the 100th anniversary of the Federal Reserve’s provision of U.S. dollar account services to the global official sector. Potter traces the history of these accounts back to May 3, 1917, when the Fed signed its first reciprocal agreement with the Bank of England.

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