Board of Governors of the Federal Reserve System

Key Takeaways PrefaceExecutive SummaryEvolution of Silicon Valley BankFederal...key safety and soundness risks, but did not take sufficient supervisory

and, ultimately to better anticipate future developments in inflation....and, their ability to help drawing inferences about slack in the economy

Comparing the Staff Projection with Other Forecasts The staff’s projection...KEY BACKGROUND FACTORS Fiscal Policy • We estimate that discretionary

key financial markets. Responses are obtained from a senior officer at...prices, and moderate long-term interest rates (12 U.S.C. 225a). In addition

prices of gasoline and other commodities, but the pace of overall price...key foreign currencies. Prices increased sharply for dairy products; in

key themes that shaped the outlook, trying to learn from the forecast ...and, as a result, the unemployment rate declined to a level where overheating

and, as a result, prices were falling or expected to fall, despite higher...prices for key products like ethylene, propylene and polypropylene. Paper

for example, increased uncertainty and precaution--and those that are ...price of oil at around the same time. Historically, lower oil prices have

the sum of consumption, investment, and government expenditure). As the...key components of domestic demand and shorten the sample period, the predictions

key findings were published last January and covered thirteen developed...over-the-counter derivatives, foreign exchange, and other financial market