Board of Governors of the Federal Reserve System

rate of increase in productivity, which began to emerge in the late 1990s...rate. Businesses, however, remained cautious; although the deterioration

Rates, Cyclical Expansion and Economic Growth", which was prepared by ...Rates, Cyclical Expansion and Economic Growth The expansion in the U.

rate (the dashed purple line) and the secured overnight financing rate...rates shifted higher. On September 17, the distribution of rates in both

rate, which stood at 6.3 percent in June 2003, had declined to 5.4 percent...rates and increases in factory utilization rates. You may have heard the

rates and vacancy rates were little changed over the last quarter. Manufacturing...adjustable-rate to fixed-rate loans. Use of existing home equity credit

rates, which rose last year, to show little change in 2008. Manufacturing...rates have increased. However, they noted that office vacancy rates have

rate(s)" or "policy rate" or "refinancing tender" or "EONIA rate" and ...rates $$ i_{t}$$ and $$ i^{*}_{t}$$ (3-month, annual rate Treasury bill

rates point to a major change over the next several quarters. Defining...rates should help identify more precisely than yields where on the maturity

rate of increase over other recent months. In manufacturing and construction...rate edged lower in May, to 5.7 percent, but was somewhat above its average

rate in the late 1990s. Personal saving--which is measured in the U.S....rates, setting aside for a moment the implications of the interest-rate