Board of Governors of the Federal Reserve System

1.3 percent. The reason that down the road it will not bear on the deficit...1.3 percent adjustment, of what would occur on a 2 percent productivity

1 Capital Capital Conservation Buffer (2.5% + GSIB surcharge) 1.5% Additional...1 4.5% CET1 Minimum Notes  Chart illustrates the minimum level of loss-absorbing

1 maria.d.tito@frb.gov 1 Introduction An extensive literature documents....1. More recently, empirical work has delved into the channels for the

1 Background ............................................................1.1 percent of the average purchase transaction value in 2012 for these

1 Introduction What should the tax on capital income be in the long-run...1 a tax on capital income in the long-run. In economies with collateral

Q1 Q2 Q3 Q4 Q1 Q2 Q3 1 Assets 73090.6 77259.9 78448.9 84526.0 80852.7 ...27044.1 2 3 Real estate 18699.1 18348.1 18124.3 19709.0 18538.2 18887.9

1 The federal funds rate has averaged close to its 1-3/4 percent target...m arket and $1 .9 billion of bills from foreign official institutions.

a.m. (EDT) May 15, 2014 INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION...1.0 -.5 4.1 Nonindustrial supplies 90.0 90.1 90.0 90.7 91.0 90.6 .3 .1

a.m. (EDT) May 15, 2014 INDUSTRIAL PRODUCTION AND CAPACITY UTILIZATION...1.0 -.5 4.1 Nonindustrial supplies 90.0 90.1 90.0 90.7 91.0 90.6 .3 .1

1) extend with revision the Semiannual Report of Derivatives Activity ...1), and (3) conduct with revision the Census of Finance Companies (FR