Board of Governors of the Federal Reserve System

fiscal policy assumptions have been revised in light of the election results...fiscal policy is likely to constrain the rise in nominal GNP to around

Gold certificates $ 11,037 $ 11,037 Special drawing rights certificates...Treasury 15,794 24,437 Interest on Federal Reserve notes—remitted to Treasury

Gold certificates $ 11,037 $ 11,037 Special drawing rights certificates...Treasury 15,794 24,437 Interest on Federal Reserve notes—remitted to Treasury

concern the motiva- tion for and effects of M&A activity. And perhaps ...and/or shut down less-efficient plants. In this way, an M&A could increase

concern over the lack of soil moisture. Banks have become less aggressive...yields on the winter wheat crop are expected to range from near normal

concerns in commodity-exporting economies. These developments have also...policies; and, third, how markets might respond to that evolution. Let

concern about inflation lingers, some investors have been encouraged by...concern about a dollar rise than about a dollar decline. It was followed

Treasury deposits. The level of Treasury deposits was often a source of...Yields on intermediate and longer-term Treasury coupon issues were down

Treasury yields have fallen about 30 basis points since the March Greenbook...Treasury rates accordingly, and, as in previous Greenbooks, we assume

concerns about the treatment of secured public sector deposits by treating...concerns, as reflected in the draft final rule. A summary of the comments