Board of Governors of the Federal Reserve System

and, yes, we a reduce costs, but this merger is about growth. 2 And that...dreams-and being part of making it all happen. And that’s our goal for

compares a histogram of self-reported mortgage balances in the Survey

prices and costs, however, are persisting. Since the mid-December firming...and, with the outstanding volume of large denomination CD's declining

prices and costs are persisting. Prospects are for some further slowing...CD's continued to decline sharply, inflows of other time and savings deposits

prices, and strained financing conditions. And, as I’m sure you are only...compared with 2.4 percent in the preceding 12-month period. Labor costs

best- preserved paper copies, scanning those copies,1 and then making ...and, perhaps, the cut in the tax rate on dividends and capital gains.2

compared with 4.7 percent in 1995. On inflation, the chain-weighted price...and, to a lesser extent, imports; the price index for gross domestic purchases

price level is indeter- minate and only relative prices can be determined...key distinction between outside and inside money is that inside money

key foreign interest rates. The U.S. foreign trade deficit increased considerably...key element in the expected slowdown was a projection of lessened stimulus

prices rose about 3-3/4 percent, compared with 4 percent in 1984; producer...and, as the period pro gressed, sharp further declines in oil prices.