--- type: "firecrawl-provider" description: "Board of Governors of the Federal Reserve System (federalreserve.gov): press releases, speeches and testimony with full text, the events calendar, FOMC meeting materials (statements, minutes, projections) and Data Download Program statistical packages (H.15 interest rates, H.10 exchange rates and other releases), from the site's own listing JSON, server-rendered pages and CSV endpoints. Anonymous; no API key." use_when: "Board of Governors of the Federal Reserve System (federalreserve.gov): press releases, speeches and testimony with full text, the events calendar, FOMC meeting materials (statements, minutes, projections) and Data Download Program statistical packages (H.15 interest rates, H.10 exchange rates and other releases), from the site's own listing JSON, server-rendered pages and CSV endpoints. Anonymous; no API key." categories: "Public records" capabilities: 7 credits_per_call: 5 --- # Federal Reserve Board on Firecrawl Alexandria Board of Governors of the Federal Reserve System (federalreserve.gov): press releases, speeches and testimony with full text, the events calendar, FOMC meeting materials (statements, minutes, projections) and Data Download Program statistical packages (H.15 interest rates, H.10 exchange rates and other releases), from the site's own listing JSON, server-rendered pages and CSV endpoints. Anonymous; no API key. - Categories: Public records - Category index: [Public records category](https://firecrawl.dev/alexandria/agents/categories/public-records) - Provider key: `federalreserve-gov` - Access: Firecrawl credits - Cost: 5 credits per call ## More - [Human guide](https://firecrawl.dev/app/alexandria/federalreserve-gov) - [OpenAPI spec](https://firecrawl.dev/alexandria/agents/providers/federalreserve-gov/openapi.json) ## Capabilities - [Calendar](https://firecrawl.dev/alexandria/agents/providers/federalreserve-gov/central-bank-communications/calendar): Board events calendar (/json/calendar.json, the data behind /newsevents/calendar.htm) for one month: FOMC meetings and press conferences, speeches, testimony, Board meetings, Beige Book and statistical release dates, conferences and holidays, each with day(s), time, description, location and links, optionally filtered by event type. A month outside the file's window returns no events with partial coverage. - [Data series](https://firecrawl.dev/alexandria/agents/providers/federalreserve-gov/central-bank-communications/data_series): A Data Download Program package (/datadownload/Output.aspx, CSV) for a statistical release: every series in the package with its unique identifier (e.g. H15/H15/RIFSPFF_N.M), description, unit, multiplier and currency, and the observations by time period, either the last `lastobs` observations or a `from`/`to` window. Prebuilt package ids are the `series` hash in the download links on /datadownload/Choose.aspx?rel={rel}; e.g. H15 d7e27b7b09a3a7feae95b9c61781fcd8 (selected interest rates, monthly) and H10 122e3bcb627e8e53f1bf72a1a09cfb81 (nominal dollar indexes, daily). `ND`/`NA`/`NC` cells are returned as a null value with the flag. An unknown package is `not_found`. - [Fomc meetings](https://firecrawl.dev/alexandria/agents/providers/federalreserve-gov/central-bank-communications/fomc_meetings): FOMC meeting calendar (/monetarypolicy/fomccalendars.htm): for each meeting of the years the page covers (currently 2021-2027), month and dates, the YYYYMMDD meeting identifier, and links to the statement (HTML and PDF), implementation note, press conference, Summary of Economic Projections and minutes (with the minutes release date). Future meetings carry the dates only. A year the page does not cover is `not_found`. - [Press release](https://firecrawl.dev/alexandria/agents/providers/federalreserve-gov/central-bank-communications/press_release): One press release page (/newsevents/pressreleases/{slug}.htm): title, dated line, release time, the full body text (paragraph per line), the links in the body, the PDF version and the page's last-update stamp. An unknown slug is `not_found` (the site answers HTTP 404). - [Press releases](https://firecrawl.dev/alexandria/agents/providers/federalreserve-gov/central-bank-communications/press_releases): Board press releases since 2006 from the site's own listing file (/json/ne-press.json, the data behind the Press Releases filter widget), newest first: date, time, title, press-release type and the detail slug/URL, filtered by type, date range and title substring, paged client-side with `offset`/`next_offset`. - [Speech](https://firecrawl.dev/alexandria/agents/providers/federalreserve-gov/central-bank-communications/speech): One speech or testimony page (/newsevents/speech/{slug}.htm or /newsevents/testimony/{slug}.htm): title, speaker, venue, dateline, the full text with footnotes (paragraph per line), body links, PDF version, live-stream link and the last-update stamp. Without `kind` the speech path is tried first and the testimony path on a 404. An unknown slug is `not_found`. - [Speeches](https://firecrawl.dev/alexandria/agents/providers/federalreserve-gov/central-bank-communications/speeches): Speeches (/json/ne-speeches.json) or congressional testimony (/json/ne-testimony.json) by Board members and staff, 2017 to date, newest first: date, time, title, speaker as titled by the site, venue, the detail slug/URL, a live-stream link and a video flag, filtered by speaker substring, date range and text substring, paged client-side with `offset`/`next_offset`. ## 1. Choose this provider when Board of Governors of the Federal Reserve System (federalreserve.gov): press releases, speeches and testimony with full text, the events calendar, FOMC meeting materials (statements, minutes, projections) and Data Download Program statistical packages (H.15 interest rates, H.10 exchange rates and other releases), from the site's own listing JSON, server-rendered pages and CSV endpoints. Anonymous; no API key. ## 2. Minimal request Call `POST https://api.firecrawl.dev/v2/scrape` with `{ alexandria: { provider, capability, options } }`. For a batch, send `{ alexandria: [...] }` with up to 10 calls. ```json { "provider": "federalreserve-gov", "capability": "central-bank-communications/calendar", "options": { "month": "2026-09", "type": "FOMC" } } ``` ## 3. Add provider options Use only the options needed for the task: - `month` (string, required): Calendar month, YYYY-MM. Pattern: ^[0-9]{4}-[0-9]{2}$. Example: `` - `type` (string): Event type as the site's checkboxes name it. Example: `Speeches` ## 4. Request through your preferred interface ### JavaScript ```javascript const result = await firecrawl.scrape({ alexandria: { provider: "federalreserve-gov", capability: "central-bank-communications/calendar", options: { month: "2026-09", type: "FOMC", }, }, }); ``` ### Python ```python result = firecrawl.scrape_alexandria({ "provider": "federalreserve-gov", "capability": "central-bank-communications/calendar", "options": { "month": "2026-09", "type": "FOMC" } }) ``` ### cURL ```sh curl https://api.firecrawl.dev/v2/scrape \ -H "Authorization: Bearer $FIRECRAWL_API_KEY" \ -H "Content-Type: application/json" \ -d '{ "alexandria": { "provider": "federalreserve-gov", "capability": "central-bank-communications/calendar", "options": { "month": "2026-09", "type": "FOMC" } } }' ``` ### CLI ```sh firecrawl scrape 'federalreserve-gov/central-bank-communications/calendar' \ --options '{"month":"2026-09","type":"FOMC"}' ``` ### MCP Call the FCX MCP retrieve tool with this object: ```json { "provider": "federalreserve-gov", "capability": "central-bank-communications/calendar", "options": { "month": "2026-09", "type": "FOMC" } } ``` Ask for only the returned fields needed by the task. ## 5. Full request shape ```json { "provider": "federalreserve-gov", "capability": "central-bank-communications/calendar", "options": { "month": "2026-09", "type": "FOMC" } } ``` ## 6. Response data The response includes `success`, `provider`, `capability`, `creditsCost` and `data`. This example shows the provider payload in `data`: ```json { "coverage_first_month": "2017-01", "coverage_last_month": "2026-12", "events": [ { "days": "16", "description": null, "link": "https://www.federalreserve.gov/live-broadcast.htm", "live_url": null, "location": null, "time": "2:30 p.m.", "title": "FOMC Press Conference", "type": "FOMC" }, { "days": "16", "description": "Two-day meeting, September 15 - 16 Press Conference", "link": null, "live_url": null, "location": null, "time": "2:00 p.m.", "title": "FOMC Meeting", "type": "FOMC" } ], "month": "2026-09", "observed_at_ms": 1790122899494, "source_url": "https://www.federalreserve.gov/json/calendar.json", "type": "FOMC" } ``` ## API reference-derived contract The following capability contract is generated from the same normalized Alexandria API reference exposed in the API spec. ### Calendar - Capability: `central-bank-communications/calendar` - Description: Board events calendar (/json/calendar.json, the data behind /newsevents/calendar.htm) for one month: FOMC meetings and press conferences, speeches, testimony, Board meetings, Beige Book and statistical release dates, conferences and holidays, each with day(s), time, description, location and links, optionally filtered by event type. A month outside the file's window returns no events with partial coverage. - Instructions: See what the Federal Reserve Board has scheduled (or held) in a given month: upcoming speeches, the next FOMC meeting, release dates. - Cost: 5 credits per call - Capability file: [Calendar](https://firecrawl.dev/alexandria/agents/providers/federalreserve-gov/central-bank-communications/calendar) Accepted options: - `month` (string, required): Calendar month, YYYY-MM. Pattern: ^[0-9]{4}-[0-9]{2}$. Example: `` - `type` (string): Event type as the site's checkboxes name it. Example: `Speeches` Response schema example: ```json { "coverage_first_month": "2017-01", "coverage_last_month": "2026-12", "events": [ { "days": "16", "description": null, "link": "https://www.federalreserve.gov/live-broadcast.htm", "live_url": null, "location": null, "time": "2:30 p.m.", "title": "FOMC Press Conference", "type": "FOMC" }, { "days": "16", "description": "Two-day meeting, September 15 - 16 Press Conference", "link": null, "live_url": null, "location": null, "time": "2:00 p.m.", "title": "FOMC Meeting", "type": "FOMC" } ], "month": "2026-09", "observed_at_ms": 1790122899494, "source_url": "https://www.federalreserve.gov/json/calendar.json", "type": "FOMC" } ``` ### Data series - Capability: `central-bank-communications/data_series` - Description: A Data Download Program package (/datadownload/Output.aspx, CSV) for a statistical release: every series in the package with its unique identifier (e.g. H15/H15/RIFSPFF_N.M), description, unit, multiplier and currency, and the observations by time period, either the last `lastobs` observations or a `from`/`to` window. Prebuilt package ids are the `series` hash in the download links on /datadownload/Choose.aspx?rel={rel}; e.g. H15 d7e27b7b09a3a7feae95b9c61781fcd8 (selected interest rates, monthly) and H10 122e3bcb627e8e53f1bf72a1a09cfb81 (nominal dollar indexes, daily). `ND`/`NA`/`NC` cells are returned as a null value with the flag. An unknown package is `not_found`. - Instructions: Pull Federal Reserve statistical release data (H.15 interest rates, H.10 exchange rates, G.19 consumer credit, Z.1 financial accounts...) as numbers rather than scraping the release tables. - Cost: 5 credits per call - Capability file: [Data series](https://firecrawl.dev/alexandria/agents/providers/federalreserve-gov/central-bank-communications/data_series) Accepted options: - `from` (string): Earliest period, YYYY-MM-DD. Pattern: ^[0-9]{4}-[0-9]{2}-[0-9]{2}$. Example: `` - `lastobs` (number): Return only the last N observations (mutually exclusive with from/to). Example: `10` - `rel` (string, required): Release code as in the Data Download Program: H15, H10, G19, G17, H3, H8, Z1, ... (case-insensitive). Pattern: ^[A-Za-z0-9]+$. Example: `` - `series` (string, required): 32-hex package id from the chooser's download link (`Output.aspx?...&series=`). Pattern: ^[0-9a-fA-F]{32}$. Example: `Output.aspx?...&series=` - `to` (string): Latest period, YYYY-MM-DD. Pattern: ^[0-9]{4}-[0-9]{2}-[0-9]{2}$. Example: `` Response schema example: ```json { "first_period": "2026-09-14", "last_period": "2026-09-18", "observed_at_ms": 1790122911399, "package": "122e3bcb627e8e53f1bf72a1a09cfb81", "period_count": 5, "rel": "H10", "series": [ { "code": "JRXWTFB_N.B", "currency": null, "description": "Nominal Broad Dollar Index", "id": "H10/H10/JRXWTFB_N.B", "multiplier": "1", "observations": [ { "flag": null, "period": "2026-09-14", "value": 118.6923 }, { "flag": null, "period": "2026-09-15", "value": 118.8822 }, { "flag": null, "period": "2026-09-16", "value": 118.9206 }, { "flag": null, "period": "2026-09-17", "value": 119.3489 }, { "flag": null, "period": "2026-09-18", "value": 119.5133 } ], "unit": "Index:_1997_Jan_100" }, { "code": "JRXWTFN_N.B", "currency": null, "description": "Nominal Advanced Foreign Economies Dollar Index", "id": "H10/H10/JRXWTFN_N.B", "multiplier": "1", "observations": [ { "flag": null, "period": "2026-09-14", "value": 112.2065 }, { "flag": null, "period": "2026-09-15", "value": 112.3361 }, { "flag": null, "period": "2026-09-16", "value": 112.4116 }, { "flag": null, "period": "2026-09-17", "value": 112.9892 }, { "flag": null, "period": "2026-09-18", "value": 113.148 } ], "unit": "Index:_1997_Jan_100" }, { "code": "JRXWTFO_N.B", "currency": null, "description": "Nominal Emerging Market Economies Dollar Index", "id": "H10/H10/JRXWTFO_N.B", "multiplier": "1", "observations": [ { "flag": null, "period": "2026-09-14", "value": 126.9689 }, { "flag": null, "period": "2026-09-15", "value": 127.2269 }, { "flag": null, "period": "2026-09-16", "value": 127.2249 }, { "flag": null, "period": "2026-09-17", "value": 127.4937 }, { "flag": null, "period": "2026-09-18", "value": 127.666 } ], "unit": "Index:_1997_Jan_100" } ], "source_url": "https://www.federalreserve.gov/datadownload/Output.aspx?rel=H10&series=122e3bcb627e8e53f1bf72a1a09cfb81&lastobs=5&from=&to=&filetype=csv&label=include&layout=seriescolumn&type=package" } ``` ### Fomc meetings - Capability: `central-bank-communications/fomc_meetings` - Description: FOMC meeting calendar (/monetarypolicy/fomccalendars.htm): for each meeting of the years the page covers (currently 2021-2027), month and dates, the YYYYMMDD meeting identifier, and links to the statement (HTML and PDF), implementation note, press conference, Summary of Economic Projections and minutes (with the minutes release date). Future meetings carry the dates only. A year the page does not cover is `not_found`. - Instructions: Find FOMC meeting dates and the statement, minutes or projections documents for a meeting; pass a statement URL's slug to `press_release`. - Cost: 5 credits per call - Capability file: [Fomc meetings](https://firecrawl.dev/alexandria/agents/providers/federalreserve-gov/central-bank-communications/fomc_meetings) Accepted options: - `year` (number): Restrict to one year; omit for every year on the page. Example: `1990` Response schema example: ```json { "meetings": [ { "dates": "27-28", "implementation_note_url": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260128a1.htm", "meeting_date": "20260128", "minutes_pdf_url": "https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20260128.pdf", "minutes_released": "February 18, 2026", "minutes_url": "https://www.federalreserve.gov/monetarypolicy/fomcminutes20260128.htm", "month": "January", "month_number": 1, "other_links": [ { "text": "Statement on Longer-Run Goals and Monetary Policy Strategy", "url": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260128b.htm" } ], "press_conference_url": "https://www.federalreserve.gov/monetarypolicy/fomcpressconf20260128.htm", "projections_pdf_url": null, "projections_url": null, "statement_pdf_url": "https://www.federalreserve.gov/monetarypolicy/files/monetary20260128a1.pdf", "statement_url": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260128a.htm", "unscheduled": false, "year": 2026 }, { "dates": "17-18*", "implementation_note_url": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260318a1.htm", "meeting_date": "20260318", "minutes_pdf_url": "https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20260318.pdf", "minutes_released": "April 08, 2026", "minutes_url": "https://www.federalreserve.gov/monetarypolicy/fomcminutes20260318.htm", "month": "March", "month_number": 3, "other_links": [], "press_conference_url": "https://www.federalreserve.gov/monetarypolicy/fomcpresconf20260318.htm", "projections_pdf_url": "https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20260318.pdf", "projections_url": "https://www.federalreserve.gov/monetarypolicy/fomcprojtabl20260318.htm", "statement_pdf_url": "https://www.federalreserve.gov/monetarypolicy/files/monetary20260318a1.pdf", "statement_url": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260318a.htm", "unscheduled": false, "year": 2026 }, { "dates": "28-29", "implementation_note_url": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260429a1.htm", "meeting_date": "20260429", "minutes_pdf_url": "https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20260429.pdf", "minutes_released": "May 20, 2026", "minutes_url": "https://www.federalreserve.gov/monetarypolicy/fomcminutes20260429.htm", "month": "April", "month_number": 4, "other_links": [], "press_conference_url": "https://www.federalreserve.gov/monetarypolicy/fomcpresconf20260429.htm", "projections_pdf_url": null, "projections_url": null, "statement_pdf_url": "https://www.federalreserve.gov/monetarypolicy/files/monetary20260429a1.pdf", "statement_url": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260429a.htm", "unscheduled": false, "year": 2026 }, { "dates": "16-17*", "implementation_note_url": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260617a1.htm", "meeting_date": "20260617", "minutes_pdf_url": "https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20260617.pdf", "minutes_released": "July 08, 2026", "minutes_url": "https://www.federalreserve.gov/monetarypolicy/fomcminutes20260617.htm", "month": "June", "month_number": 6, "other_links": [], "press_conference_url": "https://www.federalreserve.gov/monetarypolicy/fomcpresconf20260617.htm", "projections_pdf_url": "https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20260617.pdf", "projections_url": "https://www.federalreserve.gov/monetarypolicy/fomcprojtabl20260617.htm", "statement_pdf_url": "https://www.federalreserve.gov/monetarypolicy/files/monetary20260617a1.pdf", "statement_url": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260617a.htm", "unscheduled": false, "year": 2026 }, { "dates": "28-29", "implementation_note_url": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260729a1.htm", "meeting_date": "20260729", "minutes_pdf_url": "https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20260729.pdf", "minutes_released": "August 19, 2026", "minutes_url": "https://www.federalreserve.gov/monetarypolicy/fomcminutes20260729.htm", "month": "July", "month_number": 7, "other_links": [], "press_conference_url": "https://www.federalreserve.gov/monetarypolicy/fomcpresconf20260729.htm", "projections_pdf_url": null, "projections_url": null, "statement_pdf_url": "https://www.federalreserve.gov/monetarypolicy/files/monetary20260729a1.pdf", "statement_url": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260729a.htm", "unscheduled": false, "year": 2026 }, { "dates": "15-16*", "implementation_note_url": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916a1.htm", "meeting_date": "20260916", "minutes_pdf_url": null, "minutes_released": null, "minutes_url": null, "month": "September", "month_number": 9, "other_links": [], "press_conference_url": "https://www.federalreserve.gov/monetarypolicy/fomcpresconf20260916.htm", "projections_pdf_url": "https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20260916.pdf", "projections_url": "https://www.federalreserve.gov/monetarypolicy/fomcprojtabl20260916.htm", "statement_pdf_url": "https://www.federalreserve.gov/monetarypolicy/files/monetary20260916a1.pdf", "statement_url": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916a.htm", "unscheduled": false, "year": 2026 }, { "dates": "27-28", "implementation_note_url": null, "meeting_date": null, "minutes_pdf_url": null, "minutes_released": null, "minutes_url": null, "month": "October", "month_number": 10, "other_links": [], "press_conference_url": null, "projections_pdf_url": null, "projections_url": null, "statement_pdf_url": null, "statement_url": null, "unscheduled": false, "year": 2026 }, { "dates": "8-9*", "implementation_note_url": null, "meeting_date": null, "minutes_pdf_url": null, "minutes_released": null, "minutes_url": null, "month": "December", "month_number": 12, "other_links": [], "press_conference_url": null, "projections_pdf_url": null, "projections_url": null, "statement_pdf_url": null, "statement_url": null, "unscheduled": false, "year": 2026 } ], "observed_at_ms": 1790122905521, "source_url": "https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm", "year": 2026, "years_available": [ 2021, 2022, 2023, 2024, 2025, 2026, 2027 ] } ``` ### Press release - Capability: `central-bank-communications/press_release` - Description: One press release page (/newsevents/pressreleases/{slug}.htm): title, dated line, release time, the full body text (paragraph per line), the links in the body, the PDF version and the page's last-update stamp. An unknown slug is `not_found` (the site answers HTTP 404). - Instructions: Read the text of an FOMC statement, enforcement action or other announcement whose slug came from `press_releases`, `fomc_meetings` or a pasted URL. - Cost: 5 credits per call - Capability file: [Press release](https://firecrawl.dev/alexandria/agents/providers/federalreserve-gov/central-bank-communications/press_release) Accepted options: - `slug` (string, required): Press release slug such as monetary20260916a or orders20260922a, or a pasted https://www.federalreserve.gov/newsevents/pressreleases/{slug}.htm URL. Example: `` Response schema example: ```json { "date": "September 16, 2026", "kind": "press_release", "last_update": "September 16, 2026", "links": [ { "text": "Implementation Note issued September 16, 2026", "url": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916a1.htm" } ], "observed_at_ms": 1790122875319, "pdf_url": "https://www.federalreserve.gov/monetarypolicy/files/monetary20260916a1.pdf", "release_time": "2:00 p.m. EDT", "slug": "monetary20260916a", "text": "The Federal Open Market Committee approved the following statement for release by a 12 – 0 vote:\n\nThe Committee decided to raise the target range for the federal funds rate by 1/4 percentage point to 3-3/4 to 4 percent, in support of the Federal Reserve's dual mandate. The Committee is continuing its policy of maintaining ample reserves in the banking system.\n\nEconomic activity is expanding at a solid pace. While uncertainty remains elevated owing, in part, to geopolitical developments, domestic spending has been resilient. Productivity growth is strong, and capital investment is robust. Job gains have kept pace with the workforce, and the unemployment rate has changed little.\n\nInflation remains elevated. Today's policy action will support a timelier return to the Committee's 2 percent goal. The Committee will deliver price stability.\n\nFor media inquiries, please email [email protected] or call 202-452-2955.\n\nImplementation Note issued September 16, 2026", "title": "Federal Reserve issues FOMC statement", "url": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916a.htm" } ``` ### Press releases - Capability: `central-bank-communications/press_releases` - Description: Board press releases since 2006 from the site's own listing file (/json/ne-press.json, the data behind the Press Releases filter widget), newest first: date, time, title, press-release type and the detail slug/URL, filtered by type, date range and title substring, paged client-side with `offset`/`next_offset`. - Instructions: Find recent Federal Reserve Board announcements (FOMC statements, enforcement actions, banking orders, regulatory policy) and the slug to pass to `press_release`. - Cost: 5 credits per call - Capability file: [Press releases](https://firecrawl.dev/alexandria/agents/providers/federalreserve-gov/central-bank-communications/press_releases) Accepted options: - `from` (string): Earliest date to include, YYYY-MM-DD. Pattern: ^[0-9]{4}-[0-9]{2}-[0-9]{2}$. Example: `` - `limit` (number): Rows per page, 1-100 (default 25). Example: `25` - `offset` (number): Rows to skip; pass the previous page's `next_offset` to continue. Example: `0` - `query` (string): Case-insensitive substring matched against the title (and, for speeches, speaker and location). Example: `` - `to` (string): Latest date to include, YYYY-MM-DD. Pattern: ^[0-9]{4}-[0-9]{2}-[0-9]{2}$. Example: `` - `type` (string): Exact press-release type as the site names it. Example: `Monetary Policy` Response schema example: ```json { "items": [ { "date": "2026-09-16", "external": false, "slug": "monetary20260916b", "time": "2:00 PM", "title": "Federal Reserve Board and Federal Open Market Committee release economic projections from the September 15-16 FOMC meeting", "type": "Monetary Policy", "type_2": null, "url": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916b.htm" }, { "date": "2026-09-16", "external": false, "slug": "monetary20260916a", "time": "2:00 PM", "title": "Federal Reserve issues FOMC statement", "type": "Monetary Policy", "type_2": null, "url": "https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916a.htm" } ], "last_update": "September 22, 2026", "limit": 5, "next_offset": null, "observed_at_ms": 1790122863336, "offset": 0, "source_url": "https://www.federalreserve.gov/json/ne-press.json", "total_matches": 2, "type": "Monetary Policy" } ``` ### Speech - Capability: `central-bank-communications/speech` - Description: One speech or testimony page (/newsevents/speech/{slug}.htm or /newsevents/testimony/{slug}.htm): title, speaker, venue, dateline, the full text with footnotes (paragraph per line), body links, PDF version, live-stream link and the last-update stamp. Without `kind` the speech path is tried first and the testimony path on a 404. An unknown slug is `not_found`. - Instructions: Read the full text of a speech or testimony whose slug came from `speeches`, `calendar` or a pasted URL. - Cost: 5 credits per call - Capability file: [Speech](https://firecrawl.dev/alexandria/agents/providers/federalreserve-gov/central-bank-communications/speech) Accepted options: - `kind` (string): `speech` or `testimony`; optional, inferred from a URL or by trying both. Example: `speech` - `slug` (string, required): Slug such as jefferson20260922a or warsh20260714a, or a pasted detail URL under /newsevents/speech/ or /newsevents/testimony/. Example: `` Response schema example: ```json { "date": "September 22, 2026", "kind": "speech", "last_update": "September 22, 2026", "links": [ { "text": "A History of the Fed's Discount Window: 1913–2000", "url": "https://www.federalreserve.gov/newsevents/speech/jefferson20241008a.htm" }, { "text": "Discount Window Modernization", "url": "https://www.frbdiscountwindow.org/pages/general-information/dw_modernization" }, { "text": "The Federal Reserve Implements Improvements and Streamlines the Borrower-in-Custody Program", "url": "https://www.frbdiscountwindow.org/articles/2026/09/04/18/05/bic_standards_announcement_20260908" }, { "text": "The Fed's Discount Window: 1990 to the Present", "url": "https://www.federalreserve.gov/newsevents/speech/jefferson20241009a.htm" } ], "live_url": "https://www.newyorkfed.org/newsevents/events/markets/2026/0922-2026", "location": "At the 2026 U.S. Treasury Market Conference, Federal Reserve Bank of New York, New York, New York", "observed_at_ms": 1790122887332, "pdf_url": "https://www.federalreserve.gov/newsevents/speech/files/jefferson20260922a.pdf", "slug": "jefferson20260922a", "speaker": "Vice Chair Philip N. Jefferson", "text": "Thank you for the opportunity to speak at the Treasury Market Conference. Today I will discuss modernization of the Federal Reserve's discount window and some implications of that modernization for Treasury market functioning.1\n\nAs this group knows well, the Federal Reserve's discount window lending program provides liquidity to banks.2 Banks access discount window liquidity overwhelmingly through primary credit borrowing, which is offered on a \"no questions asked\" basis. The discount window is as old as the Federal Reserve itself, which will be 113 years old in December.3 Over its long history, the Federal Reserve has used the discount window to support the liquidity and stability of the banking system and to implement monetary policy. For the discount window to continue to do so, it is important that the discount window evolves with the banking and financial system. That is why the staff at the Board of Governors and at each Federal Reserve Bank have worked diligently over the past several years to enhance discount window operations. The continuing efforts to modernize the discount window ensure a more efficient, accessible source of liquidity that banks can access quickly and without hesitation when needed.\n\nOf course, the Treasury market arguably is as old as our country itself, with the origins of federal debt dating back to the Revolutionary War.4 That said, the beginnings of the modern Treasury market are more directly traced to World War I.5 Over the past century, the Treasury market has evolved into one of the deepest and most liquid markets in the world.\n\nIn the Federal Reserve System, there is an array of responsibilities among Reserve Banks and the Board regarding the discount window. The Reserve Banks operate the discount window in their Districts, and the Board provides oversight and establishes policy through regulations and guidance to Reserve Banks. Because policy and operations are closely intertwined, the Board coordinates extensively with Reserve Bank leadership and staff on discount window matters. I have the privilege of serving as the Oversight Governor for the Division of Monetary Affairs. In that capacity, I oversee the Board's work on discount window policy.\n\nToday I will discuss the progress we have made in recent years to further modernize the discount window. Then, I will speak briefly about the role of Treasury securities as collateral for discount window loans. But, first, I cannot overemphasize that modernizing discount window operations is a true Systemwide effort and that teamwork is key. While notable strides have been made, there is still important work to do. I look forward to seeing continued improvements in discount window operations in the coming years.\n\nThree Dimensions of Discount Window Modernization Now, I will move on to what we are doing at the Federal Reserve to modernize the discount window to meet 21st-century banking needs.6 Over the past few years, the System has conducted extensive outreach to banks and other stakeholders to understand better their experiences with the discount window, including the Board's issuance of a request for information (RFI) on discount window operations in 2024. This RFI complemented the ongoing conversations with the public that occur at all levels and in multiple corners of the Federal Reserve System, such as Ask the Fed® sessions and Reserve Bank outreach events. We have made progress in addressing feedback received through these various channels as part of our modernization efforts and are implementing improvements so banks can benefit as quickly as possible.\n\nI think of the System's work on discount window modernization along three dimensions: business process improvements, automation enhancements, and coordination with the Federal Home Loan Banks (FHLBs).\n\nFirst, ongoing business process improvements have been supporting better efficiency and standardization. Reserve Banks have focused on providing banks with more efficient access to the discount window. In terms of standardization, all Districts work within the same collateral framework, use common loan valuation models and processing technology, and accept electronic signatures. Earlier this month, the Reserve Banks took an important step to further simplify and streamline how banks pledge loans as collateral.7 These changes allow eligible institutions to pledge several different loan types to maximize liquidity while maintaining possession of the collateral. The recently enacted changes include simplified forms, faster enrollment, automated pledged loan lists, and centralized resources so that institutions can easily find the information they need. These process improvements further enhance consistency in collateral administration across the 12 Reserve Banks while still maintaining robust risk-management practices.\n\nSecond, we have enhanced the discount window user experience. In 2024, the System launched Discount Window Direct (DWD), a self-service online portal that allows banks to request loans, make payments, view loan and collateral information, and submit loan collateral files electronically. Since the portal's launch, users have reported that it is now faster, easier, and more efficient to borrow from the discount window. Today, over 60 percent of discount window loan requests are submitted through DWD. The portal also includes a messaging feature that allows banks to directly message their local Reserve Bank in lieu of a phone call. Faster, more efficient discount window access gives banks greater certainty as they manage fast-moving liquidity needs. As adoption grows and new features are added, this technology will continue improving the discount window experience.\n\nThird, and very important, is our collaboration with the FHLBs. As many of you may know, the FHLBs are important liquidity providers to banking organizations, and both the Federal Reserve and FHLB Systems share the goal of supporting the stability and resilience of the U.S. banking system. Given the increased speed with which liquidity can now move, a key focus of ours has been reducing the time it takes to re-allocate collateral by enhancing interoperability between Reserve Banks and FHLBs.\n\nEfforts to date have focused on improving preparedness through measures that support coordination and collaboration between Reserve Banks and FHLBs—this initiative includes reinforcing relationships, establishing back-end operational arrangements and documentation, and developing processes that enable Reserve Banks and FHLBs to work together more effectively. We and our FHLB partners believe our ongoing efforts and continued commitment to this coordination put us in a much better position than three years ago by meaningfully improving our processes and strengthening relationships and engagement between the two Systems.\n\nOn a personal note, I have had an opportunity to engage with the FHLB presidents and other leaders in the FHLB System, and I appreciate greatly their ongoing collaboration and support as we continue to work together on interoperability. This engagement is not just about crisis preparedness—it is also about building lasting, more effective institutional partnerships.\n\nOf course, the Federal Reserve's work on enhancements to the discount window is a continuous process. In over a century, the discount window has evolved from a physical teller window at a Reserve Bank that a bank representative had to visit to an online portal that permits a bank to request a loan with a few clicks. We are living through an era of rapid economic and technological transformation, and it will be crucial that the discount window continues to evolve and respond to our ever-changing environment. The modernization efforts I have described make discount window borrowing faster and less operationally burdensome. These improvements, I believe, help reduce the frictions that may make banks hesitant to use the window when they are healthy and reinforce overall confidence in the banking system. Our work is not done, but I remain committed to working with my colleagues throughout the Federal Reserve System to do just that.\n\nTreasury Securities as Discount Window Collateral This commitment brings me to an increasingly important dimension of discount window operations. A well-functioning Treasury market is essential to the stability and the efficiency of the financial system and the economy more broadly. The U.S. Treasury market serves as the foundation for pricing risk across all asset classes, facilitating the efficient allocation of capital throughout our economy. In this context, the discount window supports Treasury market resilience in important ways. By providing banks with a reliable source of liquidity, the discount window serves as a shock absorber during periods of market stress by reducing the risk of forced sales of Treasury securities. Moreover, the discount window's stabilizing influence extends to broader money markets. By alleviating funding pressures at depository institutions, the discount window helps ensure the smooth functioning of key short-term funding markets—including the repurchase agreement (repo) market and the federal funds market. This dynamic, in turn, supports Treasury market liquidity.\n\nInstitutions holding Treasury securities in their Fedwire Securities accounts can quickly transfer them to their discount window pledge account even late in the day. For institutions that have arrangements in place, this means that pledging Treasury collateral and receiving a same-day loan are straightforward and efficient. This speed and ease of access matter for market functioning, particularly when banks active in the Treasury market need liquidity quickly. The COVID-19 crisis demonstrated this predicament clearly. In March 2020, when the Treasury market experienced severe dysfunction, we saw a sharp increase in Treasury securities pledged to the Federal Reserve to secure potential discount window loans. The Federal Reserve's ability to accept Treasury securities quickly and to provide banks with the option of obtaining reserves if they were needed proved critical.8\n\nThe discount window also helps respond to sudden tightening in money markets, supporting the Federal Reserve's monetary policy implementation and complementing the standing repo operations in relieving funding market pressures. When pressures emerge in money markets, banks can turn to the discount window rather than borrowing at rates above the Federal Reserve's target range. Indeed, we have recently seen more use of the discount window amid periods associated with temporary upward pressure on money market rates, such as those observed at quarter-ends.\n\nThe interaction between the Treasury market and the discount window that I have described underscores why maintaining a robust and effective discount window framework is not merely about banks, but critically important for financial stability more broadly.\n\nConclusion As I mentioned at the beginning of my remarks, the Federal Reserve's ability to lend to banks through the discount window dates to the System's founding and is one of our core functions. This liquidity provision serves a variety of purposes: it facilitates the ability of banks to lend to households and businesses and supports other financial market participants during stress or volatile market conditions. It is particularly important for Treasury markets that banks can serve as a source of strength for market functioning. The discount window's acceptance of Treasury securities as collateral with same-day value helps make this stability possible.\n\nToday the discount window remains ready to lend smoothly and effectively to banks when needed. The modernization efforts I have discussed will ensure that the discount window supports individual banking institutions and broader market resilience well into the future. To be sure, we cannot be complacent when it comes to the discount window. Ultimately, I believe that the continued success of the discount window, as with many endeavors, lies with the ongoing partnership and dedication of various stakeholders within the Federal Reserve System and those external to it, including many of you here today. Working together, we will continue to fulfill the fundamental purpose of the discount window as established over a century ago—and thereby achieve the best outcomes for the American people.\n\nThank you.\n\n1. The views expressed here are my own and are not necessarily those of my colleagues on the Board of Governors of the Federal Reserve System or the Federal Open Market Committee. Return to text\n\n2. See Philip N. Jefferson (2024), \"A History of the Fed's Discount Window: 1913–2000,\" speech delivered at Davidson College, Davidson, N.C., October 8. Return to text\n\n3. See Federal Reserve Act, Pub. L. No. 63-43, 38 Stat. 251 (December 23, 1913). Return to text\n\n4. See Richard Sylla and David J. Cowen (2018), Alexander Hamilton on Finance, Credit, and Debt (New York: Columbia University Press). Return to text\n\n5. See Kenneth D. Garbade (2012), Birth of a Market: The U.S. Treasury Securities Market from the Great War to the Great Depression (Cambridge: MIT Press). Return to text\n\n6. See Federal Reserve Discount Window (2026), \"Discount Window Modernization,\" webpage. Return to text\n\n7. See Federal Reserve Discount Window (2026), \"The Federal Reserve Implements Improvements and Streamlines the Borrower-in-Custody Program,\" webpage, September 8. Return to text\n\n8. For a discussion of the discount window's role in recent stress episodes, see Philip N. Jefferson (2024) \"The Fed's Discount Window: 1990 to the Present,\" speech delivered at the Charlotte Economics Club, Charlotte, N.C., October 9. Return to text", "title": "Discount Window Modernization and Treasury Market Functioning", "url": "https://www.federalreserve.gov/newsevents/speech/jefferson20260922a.htm" } ``` ### Speeches - Capability: `central-bank-communications/speeches` - Description: Speeches (/json/ne-speeches.json) or congressional testimony (/json/ne-testimony.json) by Board members and staff, 2017 to date, newest first: date, time, title, speaker as titled by the site, venue, the detail slug/URL, a live-stream link and a video flag, filtered by speaker substring, date range and text substring, paged client-side with `offset`/`next_offset`. - Instructions: List recent policy speeches or testimony by a given official or in a date range and get the slug to pass to `speech`. - Cost: 5 credits per call - Capability file: [Speeches](https://firecrawl.dev/alexandria/agents/providers/federalreserve-gov/central-bank-communications/speeches) Accepted options: - `from` (string): Earliest date to include, YYYY-MM-DD. Pattern: ^[0-9]{4}-[0-9]{2}-[0-9]{2}$. Example: `` - `kind` (string): `speech` (default) or `testimony`. Example: `speech` - `limit` (number): Rows per page, 1-100 (default 25). Example: `25` - `offset` (number): Rows to skip; pass the previous page's `next_offset` to continue. Example: `0` - `query` (string): Case-insensitive substring matched against the title (and, for speeches, speaker and location). Example: `` - `speaker` (string): Case-insensitive substring of the speaker line as the site prints it, e.g. `Jefferson`, `Vice Chair`, `Warsh`. Example: `` - `to` (string): Latest date to include, YYYY-MM-DD. Pattern: ^[0-9]{4}-[0-9]{2}-[0-9]{2}$. Example: `` Response schema example: ```json { "items": [ { "date": "2026-09-22", "external": false, "has_video": false, "kind": "speech", "live_url": "https://www.newyorkfed.org/newsevents/events/markets/2026/0922-2026", "location": "At the 2026 U.S. Treasury Market Conference, Federal Reserve Bank of New York, New York, New York", "note": null, "slug": "jefferson20260922a", "speaker": "Vice Chair Philip N. Jefferson", "time": "10:20 AM", "title": "Discount Window Modernization and Treasury Market Functioning", "url": "https://www.federalreserve.gov/newsevents/speech/jefferson20260922a.htm" } ], "kind": "speech", "last_update": "September 22, 2026", "limit": 5, "next_offset": null, "observed_at_ms": 1790122881406, "offset": 0, "source_url": "https://www.federalreserve.gov/json/ne-speeches.json", "speaker": "Jefferson", "total_matches": 1 } ```