New York Fed desk plans to conduct purchases worth over $55 billion over next month

Jan 14 (Reuters) – The New ‍York Federal Reserve’s operations desk ‌plans ‌to conduct about $15.4 billion in reinvestment purchases ​and ‍an ​additional approximately $40 ​billion ‍in reserve management purchases between January ‍15 and February 12, ‍it ‍said ​in ​a ⁠schedule released ‌on Wednesday.

(Reporting by Gursimran Kaur in ⁠Bengaluru)