Board of Governors of the Federal Reserve System

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remained weak. Price pressures were small on balance. The spring weather...volatility declined across financial markets. In addition, contacts reported

remain about their effects on the overall economy. It thus seems possible...remain well below desired levels. As a result, forecasters expect short-term

volatility in their income and expenses, and among those with lower incomes...remain a concern. While the three years of data from the SHED cannot determine

remained weak. Credit conditions were little changed. Price pressures ...volatility of materials prices, and tighter credit as forces keeping inventories

remaining maturity, relative to GDP. Source: Board staff estimates. Tealbook...volatility “events”: o Becoming more frequent or difficult to measure

remained robust at 575,000 in the second half (figure 2.1). The unemployment...contained. In AFEs, sovereign yields have increased since the first half

remained at high levels, and the alternative energy sector increased. ...remained at high levels in most major markets in the San Francisco District

remained strong, although some pockets of softness were reported. Demand...volatile than single-family starts. Still, neither participants in the

remain contained. Nonetheless, to date there is little evidence to suggest