Board of Governors of the Federal Reserve System

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• 1 Report to Congress Pursuant to Section 13(3) of the Federal Reserve Act: Bank Term Funding Program Overview On March

  credit union) or U.S. branch or agency of a foreign bank that is eligible...credit (see 12 C.F.R. 201.4(a)) is eligible to borrow under the BTFP.

  URL: https://www.federalreserve.gov/publications/files/13-3-report-btfp-20230316.pdf
  



• Output Gaps and Inflation in DSGE Models

  .5 Figure 1 displays quarterly GDP deflator inflation (solid, grey line...McGrattan (2009) who argue that the bulk of business cycle fluctuations

  URL: https://www.federalreserve.gov/monetarypolicy/files/FOMC20091210memo02.pdf
  



• Beige Book - April 15, 2020

  U.S. Virgin Islands; the San Francisco Bank serves American Samoa, Guam...s efforts to listen to businesses and community organizations. This report

  URL: https://www.federalreserve.gov/monetarypolicy/files/BeigeBook_20200415.pdf
  



• Draft of current economic policy directive and accompanying notes

  26 pressures or of TO MODERATE any apparently significant deviations of...credit from current expectations," the Board staff's credit proxy is projected

  URL: https://www.federalreserve.gov/monetarypolicy/files/FOMC19661031Memo01.pdf
  



• The Fed - Abbreviations

  credit default swap CET1 common equity tier 1 CRE commercial real estate

  URL: https://www.federalreserve.gov/publications/2025-december-supervision-and-regulation-report-abbreviations.htm
  



• FRB: Beige Book--Chicago--July 27, 2005

  U.S. and Europe, perhaps because of drought conditions. Tire shortages...credit quality remained in good shape with many firms flush with cash.

  URL: https://www.federalreserve.gov/fomc/beigebook/2005/20050727/7.htm
  



• The Fed - GSE Activity and Mortgage Supply in Lower-Income and Minority Neighborhoods: The Effect of the Affordable Housing Goals

  credit supply effect of the Underserved Areas Goal(UAG), which establishes

  URL: https://www.federalreserve.gov/econres/feds/gse-activity-and-mortgage-supply-in-lower-income-and-minority-neighborhoods-the-effect-of-the-affordable-housing-goals.htm
  



• The Fed - Can a Bank Run Be Stopped? Government Guarantees and the Run on Continental Illinois

  credit risk. Finally, we show that the concentration of holdings of Continental's

  URL: https://www.federalreserve.gov/econres/feds/can-a-bank-run-be-stopped-government-guarantees-and-the-run-on-continental-illinois.htm
  



• The Fed - Do Rising Top Incomes Lead to Increased Borrowing in the Rest of the Distribution?

  credit. The analysis also consistently shows that 95th percentile income

  URL: https://www.federalreserve.gov/econres/feds/do-rising-top-incomes-lead-to-increased-borrowing-in-the-rest-of-the-distribution.htm
  



• The Fed - International Finance Discussion Papers (IFDP) - 1992

  credit controls been utilized. Consequently, the use of open market operations...U.S.-Korean negotiations on exchange rates in the second half of the 1980s

  URL: https://www.federalreserve.gov/econres/ifdp/1992.htm
  

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