Board of Governors of the Federal Reserve System

search-and-matching models cannot explain. I show that noise shocks—expectational...search-and-matchingmodel with on- the-job search, endogenous search effort

key personnel in senior management1. A community bank is a bank with assets...key areas and/or changes that contribute to the institution’s current

key missing link: they help explain why prices rose sharply during periods...compared to standard NKPC specifications. In particular, the stock-based

and, more recently, as a channel through which monetary and fiscal policies...key mechanism through which recessions inflict lasting damage on the labor

key economic indicators that I typically refer to in speeches like this...compared to the upside risks to inflation, which have likely declined

for, compared to other business owners.8 Compounding these challenges ...above—and lead to reliance on expensive, alternative products. In addition

KEY BACKGROUND FACTORS COVID-19 Pandemic and Response The staff’s baseline...Key Background Factors Underlying the Baseline Staff Projection 0 1 2

The Board of Governors of the Federal Reserve System and the Federal Open...key decision for the FOMC in undertaking the current framework review

pricing, our framework shows that mergers can spread fixed debt obligations...prices, and rivals respond by raising their prices due to strategic complementarity

key role in the macroeconomic dynamics of Sudden Stops through two opposing...key feature is the risk-wealth tradeo� : holding more risky assets relaxes