Board of Governors of the Federal Reserve System

Prefatory Note The attached document represents the most complete and accurate version available based on original files from the FOMC Secretariat

Responses to Survey Questionnaire Appendix 1: Technical Appendix on Survey...response rate of 5.4 percent. As with any survey method, probability-based

Crisis, when notions of what the “new normal” might bring were quite uncertain...crisis, the labor force participation rate flattened out and began rising

crisis (systemic risk) in which intermediaries liquidate assets to service...Crisis, and the slump in Japan from the early 1990s until 2020. 3Some

crisis to address the weaknesses in the U.S. financial system and ensure...crisis impacted community financial institutions. Small, solid institutions

crisis has spurred a great deal of research on its causes and, more broadly...crisis--namely, the rise and fall of mortgage securitization and associated

crisis and have not recovered as quickly or completely as others. Because...crisis dealt a particularly severe blow to these households. Most Americans

crisis, the banking agencies implemented a series of reforms to increase...crisis. While there could be benefits of still higher capital, as always

crisis. It provided anxious investors with something they craved: credible...crisis, given the intense funding pressures experienced by many financial

crisis), with varying effects depending on the network structure. Therefore