Board of Governors of the Federal Reserve System

key assumption embedded in this literature is that households are not ...price data. Further, when forced to match both historical house prices

The SOFR Symposium: The Final Year," an event hosted by the Alternative...best solution. I should stress that no one should assume that there will

key functions to promote the effective operation of the U.S. economy and...prices in the U.S. economy; ■ promotes the stability of the financial

and, as Chair Powell has emphasized, would only proceed with clear support...best support responsible innovation that safeguards the safety and efficiency

key rates, as well as the prices of financial assets such as stocks, only...key interest rates and asset prices that jointly determine the extent

key macroeconomic priors—for example, the long-run slowdown in output ...best of our knowledge, this is the first paper that estimates the EA output

key to growth of any business, large or small, but small businesses--and...for example during the credit crunch in the early 1990s. Fortunately,

best either to wind down reinvestments or to manage them in a manner that

and a 10 percent occupancy decline increases PD by 16.7 basis points) ...wait-and-see” approach to reporting. Having shown that performance reporting

key destinations, as did activity for a wide range of nonfinancial services...prices for energy and assorted raw materials compared with earlier periods