Board of Governors of the Federal Reserve System

coverage ratio rule, and the proposed net stable funding ratio rule for

markets remained soft. Commercial real estate activity was slow in most...and was described as solid in Dallas. San Francisco reported that overall

context of price stability. I will start with the FOMC’s outlook, which...market indicators closely to judge how much slack remains and, therefore

and, more generally, the public interest. The Federal Reserve ■ conducts...Market Account (SOMA) Holdings .......................................

context. Explicit forward guidance, defined here in the case of asset ...context of price stability”; see Board of Governors of the Federal Reserve

groups—and, in particular, between Black and white workers. In the United...and, in particular, its understanding of maximum employment as a “broad-based

the third quarter was used for 2006) and the difference between the revised...Market Group Among the major market groups, the increase in the production

the third quarter was used for 2006) and the difference between the revised...Market Group Among the major market groups, the increase in the production

global economic effects of COVID-19 and compare contours of the current...markets are equally funereal. Although economists have doc- umented that

market or other wholesale unse- cured funding markets, reducing holdings...the period to which the survey questions refer), and the rate was 1.60