Board of Governors of the Federal Reserve System

best judgment of the correct policies that will achieve a desired level...best incentives for effective monetary policy that promotes the long-term

the importance of fundamentals in risk management--should still resonate...compared with long-standing activities or markets. Second, risk concentrations

best sales growth in more than twenty-five years. However, inventories...steam, and sales of existing homes were very weak--contacts there say

price of the asset less a haircut. When a market price is not available...and, for traded assets, the historical volatility of the asset's price

best to do the connecting. Much of the work so far has been focused on...best to do the connecting. There are a few alternative approaches in operation

key policy issues. First, how can monetary policy makers deal with the...best respond to fluctuations in asset prices, especially house prices,

prices. Our best estimates suggest that the increase in biofuels production...prices, they had a much smaller impact on global food prices. Our best

price of the asset, less a haircut. When a market price is not available...and, for traded assets, the historical volatility of the asset's price

price of the asset, less a haircut. When a market price is not available...and, for traded assets, the historical volatility of the asset�s price

best and worst case assessments of middle market competition. For each...key determinant of the profitability of any hypothetical price increase