Board of Governors of the Federal Reserve System

and, hence, price pressures as in Gali (2011). 2Chung, Kiley, and Laforte...and, second, fluctuations in the discount factor/risk premi- ums faced

Market Committee From: Matthew M. Luecke Subject: DSGE Models Update The...market-based or survey expectations for the federal funds rate. The approaches

Treasuries, repurchase agreements backed by Treasuries, and bank deposits...PayPal's and Ripple's stablecoins (PYUSD and RLUSD).9 Section IV: Concluding

Pay Here (BHPH) auto dealers occupy a unique position in the auto market...market and 5% of the subprime market within the CCP. Nationally, other

yield spreads for nine emerging market sovereign borrowers. We find that...yield spreads, emerging markets, liquidity, options Read Abstract IFDP

Pay High Yield Index (J4A0). Source: ICE Data Indices, LLC, used with ...Pay High Yield Index (J4A0). Treasury yields from smoothed yield curve

Treasury yields, have dropped over the past several years (Figure 1, blue...yield spread and, in some specifications, added controls.7 The statistical

Treasury yield 15 basis points 10-year Treasury term premium 7-16 basis...Treasury yield: Gertler and Karadi (2015), Gilchrist, López-Salido, Zakrajšek

and, in some cases, improvements in net exports—outcomes that are difficult...and portfolio rebalancing frictions, modeled as a convex cost of deviating

and, more generally, the public interest. The Federal Reserve ■ conducts...economy—and can do so even when hit by adverse events, or “shocks.” Consistent