Board of Governors of the Federal Reserve System

rates in August and thus far in the third quarter is well above the targets...rate 8 to 14 9 to 14 (9) Monetary growth rates for the final four months

rates that, unless otherwise expressly authorized by the Committee, shall...rates that, unless otherwise expressly authorized by the Committee, shall

rates to decline against all major currencies and in its inability to ...rate policy. The Administration believes that exchange rates should reflect

rates appear to have slowed single-family housing activity, but multifamily...rate may have slowed modestly. Philadelphia's survey of manufacturers

rates.................................... 2 Industrial production........rate) Civilian labor force Unemployment rate (%) 1/ Insured unemployment

rate moves was relative interest rate differentials. At the time, the ...rate differentials increasingly as a guide to help explain exchange rates

rates have extended their rise from their low point at the end of March...rates (in the middle left panel) has shifted up about 25 basis points

rate rose to 4.1 percent. Given the absence of evidence elsewhere that...rate - Unemployment rate -- ay 4 I I I I I I I I 1988 1989 1990 1991 1992

rates moved up somewhat. After the discount rate was raised and the System...rate target, however, Treasury bill rates increased sharply and, on balance

rates......................... ............. 2 Industrial production. ...rate) Civilian labor force Unemployment rate (%) 1/ Insured unemployment