Board of Governors of the Federal Reserve System

the Agencies) are issuing this guidance to bankers and examiners to describe...Pricing policies that ensure a prudent tradeoff between risk and return

Senior Loan Officer Opinion Survey on Bank Lending Practices at Selected Large Banks in the United States (Status of Policy as of January 2018

best understood from the perspective of the “bubble economy” of the late...and, at least early in the period, government spending increased (see

prices also was talk of probable changes in Japan's capital gains tax....key rates were unchanged to down about 10 basis points. In the latest

compared with the recovery from the Global Financial Crisis (GFC).2 In...now—the unemployment rate 2 The most recent Summary of Economic Projections

The three-month Treasury bill rate had been established at 4.023 per cent...the money market began to firm rapidly while revised reserve data indicated

key to high unemployment has led policymakers and researchers to focus

prices, and moderate long-term interest rates. The Committee seeks to ...price stability over the longer run has declined relative to its historical

after-the-fact revisions in reserve statistics have been so substantial...prices somewhat lower and yields somewhat higher than they are now. In

and the unemployment rate increased further, from 5.8 to 6.0 per cent....CD's. Since mid-October markets for short- and long-term securities have