Board of Governors of the Federal Reserve System

and, in particular, the trading activities associated with each. The distinction...and, for this reason, they are required to register with FINRA. Conversely

best this venue substitution only par- tially tempers immediate effects...and, to my knowledge, the first in this area to examine these questions

The Great Moderation,” speech delivered at the meetings of the Eastern...For all practical purposes, price stability means that expected changes

pricing saw a meaningful pickup in demand. In particular, the ECB received

and, especially, across the river along New Jersey's Hudson waterfront...June-the fixed income segment continued to generate strong revenues, while

compares credit with broad money.2 The authors conclude (Schularick and...F]or the pre-WW2 sample, money and credit moved hand in hand, so that

positions—and other factors—affected their price-setting behavior during...prices—and sacrifice its market share—in order to avoid costly external

cd=&cad=rja&uact=8&ved=0ahUKEwjrp4K4qLfOAhXCKiYKHWCbAucQjRwIBw&url=http...the “Dodd-Frank Act”) and the related rule (the “Title I Rule”) require

price index for personal consumption expenditures (PCE) and the price

and James D. Hamilton‡ May 1, 2014 Revised: January 18, 2016 Abstract ...time—and therefore the exit rates for individuals in that group—depends