Board of Governors of the Federal Reserve System

remained stable or increased. Reports of consumer spending were generally...contained, and prices of final goods remained stable, although contacts

remain. Six percent of adults do not have a checking, savings, or money...remaining 77 percent of adults are fully banked, with a bank account and

remain vulnerable to significant declines should the pandemic worsen, ...remain volatile relative to historical norms, suggesting the possibility

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volatility late last year, which may still be affecting sentiment. From...volatility, are likely weighing on the modal outlook and might in turn

remained under pressure from weak demand and large inventories of unsold...volatile quarter to quarter--rebounded strongly after a fourth-quarter

remained substantially the same, except for the technical amendments adopted

remained high. Inflation picked up over the first five months of the year...remained contained, and increases in unit labor costs were subdued. Although

remained attentive to the risk that, in bringing inflation back to 2 percent...remained relatively resilient. Market participants focused on the spread

remained below 2 percent. Estimates of the longer-run unemployment rate