Board of Governors of the Federal Reserve System

and not from current operations. Mr. Mitchell noted that the report contained

Overview of Risk Management in Trading Activities Section 2000.1 Risk is an inevitable component of intermedia- tion and trading activity. Given

prices, no district reports general stagnation. Energy sector problems...price declines have led to drastic cutbacks in drilling activities and

Key custody bank issues not addressed by the Basel Committee: a. Exclusion...key exposure for custody banks c. Without the use of CCFs, a punitive

compared with a rate of 6 per cent in the first half of the year. The ...CD's--as well as the measure that includes deposits at other thrift institutions

for example, holdings of corporate stock) are highly skewed, while others...for example, mortgage debt) are more broadly distributed (Kennickell and

and, for quarterly data, 2013:Q1 . In bar charts, except as noted, the...price stability. Consumer price inflation has slowed this year. Over the

Price pressures edged lower, although input costs continued to increase...prices rose in several Districts. Labor markets were generally stable,

key economic fundamentals, including evidence of a convergence of economic...and, with the Administration anti-inflation program in place, some hope

Key Words: Survey of Consumer Finances, unit nonresponse, response bias...key variables. 2. A Brief Literature Review Among the earliest work on