Board of Governors of the Federal Reserve System

index stood at 0.8 percent in December of last year and climbed to 1.6...expectations for earnings growth over the next year, which are substantially

expectations and bond yields. • Subsequent outcome-based FG did not result...expectations about future policy • May be possible to use FG to firm the

and, so long as the economy and financial markets continue to recover,...Expectations of large and increasing deficits in the future could inhibit

and, potentially, a severe recession to control inflation. Nobody wants...Jackson Hole speech; see Powell (2022b). - 4 - in real time, to influence

and two that interchange data and methods. Like Swanson (2023) and Bu

ExpectationsReserve Bank SystemsPrivate-Sector Systems Financial market...futures laws), and participate in the examinations of designated FMUs

expectations remain well anchored, we paid particularly close attention...futures markets. As you know, commodity prices peaked during the summer

mirrors—and can be interpreted as—a measure of market participants' expectations...futures rates, which is widely monitored by investors and Fed watchers

futures market suggests that crude oil prices will move up a bit further...expectations have been well anchored, as is apparent in the stability

expectations, the exploratory market shock is characterized by a less ...expectations. Such differences in scenarios could reveal different losses