Board of Governors of the Federal Reserve System

rates and funding costs, there have not been signs of a further sharp ...rate. I also expect that additional rate increases will likely be needed

funding costs, perhaps an escalation in funding costs at banks experiencing...funding costs. For much of the last two years, households have been inclined

funded by domestic saving must be financed by capital flows from abroad...rates of both saving and investment rose, but saving rates rose more,

rate (generally referred to as the discount rate) and the FOMC�s target...rate and the target federal funds rate to 25 basis points, and increased

rate (generally referred to as the discount rate) and the FOMC�s target...rate and the target federal funds rate to 25 basis points, and increased

rate (generally referred to as the discount rate) and the FOMC�s target...rate and the target federal funds rate to 25 basis points, and increased

rate, the interest rate at which banks lend to each other overnight. Through...funding. The Federal Reserve’s ability to control the federal funds rate

funding. Bond mutual funds' exposure to interest rate risk stayed elevated...fund leverage had grown to historical highs, driven primarily by borrowing

rate paid on required and excess reserve balances at 0.10 percent, effective...funding markets. In addition, the Committee directs the Desk to conduct

rate of change, seasonally adjusted 1 Monetary or credit aggregate 2005...rates of change are calculated from average amounts outstanding during