Board of Governors of the Federal Reserve System

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• FRB: FEDS Notes: Some Implications of Knightian Uncertainty for Finance and Regulation

  crisis, no trading occurred at the quoted prices. This conjecture elicits...responses to a crisis (for example, setting parameters that banks must

  URL: https://www.federalreserve.gov/econresdata/notes/feds-notes/2014/some-implications-of-knightian-uncertainty-for-finance-and-regulation-20140410.html
  



• Speech by Governor Brainard on why climate change matters for monetary policy and financial stability - Federal Reserve Board

  response. To the extent that climate change and the associated policy ...crisis, correlated risks from these kinds of trends could have an effect

  URL: https://www.federalreserve.gov/newsevents/speech/brainard20191108a.htm
  



• The Fed - Is This Time Different: How Are Banks Performing during the Recent Interest Rate Increases Compared to 2004-2006?

  response of the largest U.S. banks to the changing interest rate environment...response to both the 2007–2009 financial crisis and the COVID-19 pandemic

  URL: https://www.federalreserve.gov/econres/notes/feds-notes/is-this-time-different-how-are-banks-performing-during-the-rir-increases-compared-to-2004-2006-20240412.html
  



• Economic outlook - Federal Reserve Board

  response to rapid changes in technology. We can see the effects of these...crisis. This sharply reduced share of energy costs in total business expenses

  URL: https://www.federalreserve.gov/newsevents/speech/kohn20060413a.htm
  



• Speech by Governor Stein on Market Tantrums and Monetary Policy - Federal Reserve Board

  crisis, even while various measures of financial-sector leverage have ...response to a small tightening of monetary policy. The events of the spring

  URL: https://www.federalreserve.gov/newsevents/speech/stein20140228a.htm
  



• Speech by Vice Chair Jefferson on the U.S. economic outlook and monetary policy - Federal Reserve Board

  Crisis, and the pandemic. These events required policymakers to take a

  URL: https://www.federalreserve.gov/newsevents/speech/jefferson20240222a.htm
  



• Speech by Governor Brainard on the future of retail payments in the United States - Federal Reserve Board

  crisis, many households increased their spending starting on the day they...response to the COVID-19 shock. We have a team of over 100 people working

  URL: https://www.federalreserve.gov/newsevents/speech/brainard20200806a.htm
  



• The Fed - A Roadmap for the Federal Reserve's 2025 Review of Its Monetary Policy Framework

  response to the evolution of the economy and the implications for monetary...Crisis, including explicit forward guidance and asset purchases. As expanding

  URL: https://www.federalreserve.gov/econres/notes/feds-notes/a-roadmap-for-the-federal-reserves-2025-review-of-Its-monetary-policy-framework-20250822.html
  



• Minutes of the Federal Open Market Committee October 28-29, 2025

  responses to the Open Market Desk’s Survey of Market Expectations (Desk

  URL: https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20251029.pdf
  



• Minutes of the Federal Open Market Committee -- September 15-16, 2026

  Responses to the Open Market Desk Survey of Market Expectations (Desk

  URL: https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20260916.pdf
  

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