Board of Governors of the Federal Reserve System

remained stable, but many also noted continued uncertainty about future...lower the target range for the federal funds rate 25 basis points, to

moving forward even with capital projects that appear quite profitable...lower overall rate of economic growth that did not carry with it a significant

remained low by historical standards. Activity in the housing market continued...remained strong in January. Outside the high-tech sector, shipments posted

Treasury yields rose, adding to increases over the previous several months...Treasury yields. The VIX reached 50 percent in early trading the next

yields have moved up notably in recent weeks, they too have been low by...Treasury notes at both five- and ten-year maturities also has not shown

lower than its peak at the start of the financial crisis (figure 4-3)....remain small relative to total assets of life insurance firms and continue

lower required reserve balances to levels that may begin to impair the...lower reserve balances, and their reduced demand would help to damp the

remained elevated until close to the end of the month. The figure superimposes

lower, and terms were stable. Consumer loan quality was unchanged. Agriculture...yields for the District and soybean yields up from the last two years.

or NFC debt) has tripled in dollar value (Figure 1a) and roughly doubled...remained fairly stable since 2010.6 An ICR of 2 or less is typically associated