skip to main navigation skip to secondary navigation skip to content
Board of Governors of the Federal Reserve System
skip secondary navigation
Board of Governors of the Federal Reserve System


Monetary Policy Report submitted to the Congress on February 24, 2010, pursuant to section 2B of the Federal Reserve Act

ABS asset-backed securities
AIG American International Group, Inc.
ARRA American Recovery and Reinvestment Act
CDS credit default swap
C&I commercial and industrial
CMBS commercial mortgage-backed securities
CRE commercial real estate
Credit CARD Act Credit Card Accountability Responsibility and Disclosure Act
CUSIP Committee on Uniform Securities Identification Procedures
ECB European Central Bank
E&S equipment and software
FAS Financial Accounting Standards
FDIC Federal Deposit Insurance Corporation
FHA Federal Housing Administration
FOMC Federal Open Market Committee; also, the Committee
GDP gross domestic product
GSE government-sponsored enterprise
Libor London interbank offered rate
LLC limited liability company
MBS mortgage-backed securities
NFIB National Federation of Independent Business
NIPA national income and product accounts
OIS overnight index swap
PCE personal consumption expenditures
repo repurchase agreement
SCAP Supervisory Capital Assessment Program
SFP Supplementary Financing Program
SLOOS Senior Loan Officer Opinion Survey on Bank Lending Practices
TAF Term Auction Facility
TALF Term Asset-Backed Securities Loan Facility
TARP Troubled Asset Relief Program
TIPS Treasury inflation-protected securities

Last update: February 24, 2010