Board of Governors of the Federal Reserve System

wait-and-see effects from capital adjustment frictions (Bloom et al., ...policy uncertainty (Baker et al., 2016) and expectations about the macroeconomy

Policy and Imperfect Knowledge, Würzburg, Germany October 15, 2004 How...concerns went beyond the direct macroeconomic fallout from the initial

concern to Goldman, and his involvement indicated heightened potential

Policy Term Auction Facility -- TAF auctions in the amount of $150 billion...Concerns, but Bank Regulators Should Address Remaining Uncertainties."

concerns the average maturity of the System portfolio. The Account Management...Treasury debt, those purchases in a broader sense have facilitated Treasury

Policy Term Auction Facility -- TAF auctions in the amount of $150 billion...Concerns, but Bank Regulators Should Address Remaining Uncertainties."

policy adjustments we have made since last year are providing—and will...policy. In particular, our Treasury bill purchases should not be confused

employment—and we have upgraded our near-term outlook for labor market...yield 10-year Treasury yield Conforming mortgage rate Long-Term Interest

and, as is the case with telephone and face-to-face surveys, respondents...yielded similar population estimates for key questions and characteristics

high-yield territory, which would require some investors to sell their...and, should investors lose that appetite, how far prices could fall. If