Board of Governors of the Federal Reserve System

for: purchases of household appliances, furniture, trailers, and boats...prices against the backdrop of the low interest rate environment. As their

buy-and-hold investments into traded assets. Market participants are now...the bid-ask spread averaged 64 basis points last year.7 The bid-ask spreads

best ideas, decisionmaking, and—ultimately—service to the public. We continue...prices, and moderate long-term interest rates in the U.S. economy. Promotes

for instance, in the case of a young credit applicant that recently entered...and, to a limited extent, age. Credit scoring systems may help lenders

four-and-one-half years since passage of the Gramm-Leach-Bliley Act--and...and, in turn, impaired public confidence in those institutions. These

compare the losses from its own models to losses from the Board's models...prices, both of which are key variables for the scenarios. In a change

and, importantly, only if they paid the entire amount due each month.3...and researchers at the Federal Reserve Bank of New York estimate that

prices, but most districts noted rising prices of inputs, especially energy-related...prices. Dairy prices have increased in San Francisco, and Minneapolis

The International Spillovers of Synchronous Monetary Tightening,” Interna...and, as a result, global credit spreads rise rapidly. In Section 4 we

prices. Districts report higher energy prices across the board, with mixed...prices; the weakest retail sectors are extensively discounting prices