Board of Governors of the Federal Reserve System

yields, dividend growth, discount rates, payout policy. DOI: https://doi.org...policy community, and the broader public are important to sharpening our

and, more recently, new claims for unemployment insurance have begun falling...fiscal stimulus of the past two years helped shore up this sector, but

fiscal policy supported consumer spending over the past year. Low interest...concerns about the economy intensified. By the spring, measures of sentiment

policy record. Chairman Greenspan has placed this matter on the agenda...policies relating to the release of FOMC information proposes that the

Policy Vice Chair Janet L. Yellen At the Boston Economic Club Dinner, ...fiscal policy. At the federal level, stimulus-related policies are scheduled

and probably large enough to more or less offset any lingering restraint...and, perhaps, heightened geopolitical concerns have weighed on investor

and probably large enough to more or less offset any lingering restraint...and, perhaps, heightened geopolitical concerns have weighed on investor

concerns about global growth, made the appropriate extent and timing of...policy respects key principles of good monetary policy and, at the same

fiscal and other support provided to the real economy during that time...fiscal or other measures to support the economy, and demonstrated that

Treasury securities and $35 billion per month for agency mortgage-backed...Treasury yields increased across the curve, with the rise primarily reflecting