Board of Governors of the Federal Reserve System

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Federal Reserve Board Oral History Project Interview with Wayne D. Angell Former Member, Board of Governors of the Federal Reserve System Date:

Main Street Lending Program Nonprofit Organizations Comments Event Title / Description Ticket Type Received Date Last Name First Name Email Address

yield—broadly defined as a non-pecuniary benefit from holding safe/liquid...yield increases. The convenience yield is measured by the spread between

or demand and supply functions for, other assets; (5) The balance of payments...moving toward a balance of payments crisis in 1964.” I waited and I watched

lowering yields across the curve and making financial conditions more ...lower financing costs for firms and households. As bond yields declined

lower when the carbon tax revenue is used to reduce an existing distortionary

stable--with small rises clearly not brought about by overemployment, ...yields are down about 30 basis points, at 3.50 per cent; long yields are

remain miniscule in comparison to Chase or Capital One. https ://www.

stable funding ratio (NSFR) rule. • The proposed changes would not apply...lower capital requirements under current conditions and reduce compliance