Board of Governors of the Federal Reserve System

price inflation, the median of the Committee's projections of u*—the rate...for free." But this "copacetic coincidence" no longer holds in a world

for example, different underlying assets, different levels of liquidity...keyed to expected default or credit loss do not adequately capture the

the insurance industry plays an immensely important role through its investments...compare

key industries have removed bottlenecks and increased the competitive ...price levels. Leaving aside the deeper question of whether asset price

key financial stability concern about its introduction is that it may ...the Federal Reserve’s Overnight Reverse Repurchase Facility), as an example

key areas of concern regarding fraud in retail payments.2 Return to contents...fraud-and prevention practices. Several participants said that the potential

The 2023 U.S. Treasury Market Conference,” speech delivered at the Federal...price incentives, the efficiency of reserves redistribution through the

state-of-the-art procedures and controls in place for responding to and...and, on some systems, we are operating "integrity checking tools" that

key features: • A New-Keynesian structure for price and wage dynamics....and, hence, price pressures as in Gali (2011). • Production of goods and

best describes your current situation at this time?" We break out categories...labor-shortages-and-the-immigration-shortfall. Although foreign-born individuals