Board of Governors of the Federal Reserve System

key stakeholders. The Board expects to announce the appointment of CAC

levels—and across all major categories and geographies. However, inflation...key challenge and noted that (1) reducing expenses, (2) accepting lower

compare the value of MSAs across portfolios and over time. A rise in the...and, conversely, have declined when interest rates fall. This relationship

Prices Almost all Districts saw modest price increases since the last ...compared with a year earlier, while travel and hospitality remained well

and, to date, reluctant to ramp up significantly their hiring and spending...and, in many cases, to extract equity from their homes to pay down other

key considerations that confront monetary policymakers while using them

and, hence, pass-through that is less than complete. With trade price ...prices, Export prices, Trade balance, Marshall-Lerner condition, DGE model

the bottom falling out" once prices surpassed $2.50. An automobile dealers...employee-pricing incentive, but have now slowed dramatically compared

key factors supporting our expectation that inflation will rise to our...and, as always, we are closely monitoring developments that could affect

and, indeed, these deficits have grown in recent years relative to the...the flow of capital between developing and industrial countries. We will