Board of Governors of the Federal Reserve System

Table 1. Economic projections of Federal Reserve Board members and Federal Reserve Bank presidents, December 2012 Percent Variable Central tendency1

Table 1. Economic projections of Federal Reserve Board members and Federal Reserve Bank presidents, June 2012 Percent Variable Central tendency1

credit extensions Term auction credit Primary Secondary Asset-Backed Commercial...credit extended through the Primary Dealer Credit Facility and credit

credit by the private sector and by the Treasury, and the second is the...Credit demands of the private sector of the economy have already been

credit was created through ABS and associated instruments in the years...credit to businesses and consumers. Also, as I will explain later, the

credit extensions Term auction credit Primary Secondary Asset-Backed Commercial...credit to Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, and

credit 19,818 - 114 - 70,515 19,681 Secondary credit 0 0 - 158 0 Seasonal...credit extended through the Primary Dealer Credit Facility and credit

credit 19,932 + 139 - 73,696 19,921 Secondary credit 0 0 - 225 0 Seasonal...credit extended through the Primary Dealer Credit Facility and credit

credit also expanded considerably. The New York banks, however, were readily...credit demands, in part because individual income taxes flowed into the

credit, and the money supply for the purpose of facilitating continued...credit. c r I I FEDERAL RESERVE SYSTEM ANNUAL REPORT OF BOARD OF GOVERNORS