Board of Governors of the Federal Reserve System

The Macroeconomic Implications of Firms’ Debt Maturity”. 1 1 Introduction...key in determining the role of long-term debt in transmitting shocks:

best ways to sustain the current episode of strong productivity growth...the first column) because that measure is the best indicator of improvement

price headwinds still affecting some key loan fundamentals. Most of the...prices across many regions of the country affected some of the key affordability

key in handling payment system frictions 1 The views expressed here are...price volatility and credit risk associated with the asset. Information

best from managers when it is most needed. Anyone who spends time in government...compared to over $150 billion in uninsured deposits.8 Around midday, the

and, at this point, fund nearly 25 percent of community bank assets. For...CD balances may have been transferred to money market or savings accounts

key economic indicator, has been defined through two key populations since...best to measure the unbanked from the perspective of policymakers, essentially

best characterized as unanchored. This is unambiguously the case when ...key to understanding the evolution of inflation over the last five years

the, primary risk management tool for CCPs, many of which themselves are...1The international standards are found in CPMI-IOSCO (2012). Some CCPs

best be deployed in the future. The main takeaways from our analysis are...and to some extent QE4) intro- duced a perceived Fed put, pricing in future