Board of Governors of the Federal Reserve System

crisis had substantial effects on the U.S. financial system that served...crisis and, hopefully, to prevent financial institutions from failing.

crisis, lending, resolution costs ∗Board of Governors of the Federal Reserve...crisis, the Office of Thrift Supervision had oversight responsibility

responses to the core questions revealed the following: • Price and nonprice...responses to the core questions revealed the following: • Nonprice terms

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM WASHINGTON, D. C. 20551 CONFIDENTIAL (FR) CLASS II - FOMC TO: Federal Open Market Committee FROM

response to an easing of monetary policy. Consistent with the theory, ...responses across banks to monetary tightening. Differences across banks

crisis on the economy, but risks to the economic outlook remain. The Committee

crisis. 7 of 14 October 27–28, 2015 Authorized for Public Release 242

Responses are conditioned on not returning to the zero lower bound. Source...Crisis Low* 5008/01/15 09/01/15 10/01/15 11/01/15 *I-month swaption with

response functions, financial premia and macro responses to credit constraints...response functions to a TFP shock are virtually identical. 1 emerging

Minutes of the Federal Open Market Committee December 14–15, 2021 A joint meeting of the Federal Open Market Committee and the Board of Governors