Board of Governors of the Federal Reserve System

Remarks by Governor Laurence H. Meyer The 2001 Homer Jones Memorial Lecture, Washington University, St. Louis, Missouri March 28, 2001 Does Money

remained stable with no institutions mentioning a change to their underwriting...remained stable. A design firm stated that election years often have negative

lower-income buyers to avoid moving to keep their low-rate mortgage if...remained stable, though competition on rates persists. Energy Tenth District

Treasury securities, which would put downward pressure on their yields...yields, and other char- acteristics, such as whether the share class is

remained muted in the entertainment sector due to lower production volumes...yield crops, such as those of nuts and apples, remained high and exceeded

stable financial system, when hit by adverse events, or "shocks," is able...yields on corporate bonds over comparable-maturity Treasury yields increased

Treasury Department, the national Hope Now Alliance--a broad-based coalition...stable housing markets, particularly if the property is unoccupied for

lower required reserve balances to levels that may begin to impair the...lower reserve balances, and their reduced demand would help to damp the

yield the inputs for this table occur at a weekly frequency. Weekly values...remaining top spots. In contrast, two non-bank firms that stand out for

remained relatively stable at a low level over the past year. Payroll ...remain broadly stable. For example, the ratio of job openings to unemployment