Board of Governors of the Federal Reserve System

from having zero employees--which accounts for a very large share of small...from both larger banks and, in recent years, alternative lenders. Large

Buying a bond is an investment in a project that has an uncertain outcome...Buying a nominal government bond is an investment in the government. The

from recent events. The failures of Silicon Valley Bank, Signature Bank...from recent events, I expect those strains to lead to a further tightening

buy. A major consideration noted by the Account Management was that refusal...buying. Meanwhile, repurchase agreements against acceptances were used

From 2009 to 2014, permanent OMOs were also used to expand SOMA securities...From 2017 to 2019, the FOMC conducted a balance sheet normalization program

from both academic research and regulatory reports.2 Most of these analyses...from the perspective of both issuers and borrowers. Specifically, we break

Online) Recourse as Shadow Equity: Evidence from Commercial Real Estate...from Commercial Real Estate Loans,” Finance and Economics Discussion Series

from the pandemic, risks emanating from outside the economy can have devastating...from building the foundations now. Learning from Climate Scenario Analysis

from material misstatement, whether due to fraud or error. The Board's...from material misstatement and whether effective internal control over

from the transitory effects of recent energy price movements. In this ...from an aging population. Wage growth has also picked up recently. Inflation