Board of Governors of the Federal Reserve System

Expectations Value of Education Connecting Education and the Labor Market...expectations of young Americans in the labor market. Specifically, the

andWEAI. The views expressed here are solely the responsibility of the...Index. Under the sophisticated expectations model, households respond

and, as futures markets suggest, the prices of energy and other commodities...futures markets provide only imperfect readings on the prospects for energy

and/or (2) market functioning and credit availability, domestically and...and, of course, lowering policy interest rates to provide a boost to the

futures contracts on federal funds. Futures on Eurodollars provide information...index inflation compensation of about 2-1/2 percent, in the middle of

expectations should not come as a surprise. Public disclosure of our supervisory...expectations for regulated firms enables supervised institutions to understand

I—and I'm sure Chair Powell, and before him, Chair Yellen—trusted him

futures-based average federal funds rate path and the options-based modal...futures-based policy expectations beyond the next few quarters had not

Expectations Well-Anchored in Brazil, Chile and Mexico?* Michiel De Pooter...expectations and anchor long-term inflation expectations to the specified

index options. We extend Martin’s empirical evidence that this lower bound...futures prices.1 We calculate dividend strip weights from dividend futures