Board of Governors of the Federal Reserve System

K.7 When is Bad News Good News? U.S. Monetary Policy, Macroeconomic News, and Financial Conditions in Emerging Markets Hoek, Jasper, Steve Kamin

dollar volume of new corporate issue financing underwritten and publicly...dollars) 10/31/58 10/31/59 Change Capital Stock 1,200 1,200 - Paid-in

Dollars ($) 3. Total ATM fees assessed to cardholders for cash withdrawals...Dollars ($) 6. Total over-the-counter at-bank (teller) fees assessed to

dollar would appreciate, U.S. long-term yields would fall, global Emerging

Prefatory Note The attached document represents the most complete and accurate version available based on original files from the FOMC Secretariat

Prefatory Note The attached document represents the most complete and accurate version available based on original files from the FOMC Secretariat

Prefatory Note The attached document represents the most complete and accurate version available based on original files from the FOMC Secretariat

103rd Annual Report 2016 B O A R D O F G O V E R N O R S O F T H E F E D E R A L R E S E R V E S Y S T E M 103rd Annual Report 2016 B O A R

dollars unless otherwise noted Date Reserve balances required Reserve ...dollars Date Reserves Vault cash2 Monetary base Total1 Required Total

dollars; amounts outstanding end of period, not seasonally adjusted 2000...dollars; amounts outstanding end of period, not seasonally adjusted 2000