Board of Governors of the Federal Reserve System

prices and production levels low. While some observers believe that steel...prices appear to have peaked and output prices are generally acceptable

prices. Steel prices have stabilized over the last month. Manufacturing...Prices for steel have held steady, as most of the spot price increases

prices changed little, and that raw materials prices grew more slowly....and planned to increase farrowings considerably in coming months. Return

key staff members from the parts of FOMC meetings devoted to monetary ...The implicit intent in this suggestion is to avoid the inference that

prices rose more slowly in June and July, with food and energy price movements...prices of finished energy goods. Excluding food and energy, producer prices

prices were flat, while prices for some construction and manufacturing...prices. The active rig count in mid-November rose to 22 percent above

price increases for materials have generally still not been able to pass...Prices received by District milk producers have risen substantially over

Prices for real estate rose noticeably in many areas, and construction...price pressure were limited. Business Sentiment Survey respondents remained

Prices Price movements were mixed over the past six weeks, with increases...prices. Most retailers were not seeing price reductions for goods coming

And, both intersect the long-run Phillips curve at the same point, where...price changes curve (the blue solid curve). So, for a given level of the