Abbreviations

Monetary Policy Report submitted to the Congress on July 5, 2019, pursuant to section 2B of the Federal Reserve Act

AFE
advanced foreign economy
CCyB
countercyclical capital buffer
DPI
disposable personal income
ECB
European Central Bank
EME
emerging market economy
EPOP
employment-to-population
FOMC
Federal Open Market Committee; also, the Committee
FRB/US
a large-scale macroeconometric model of the U.S. economy
GDP
gross domestic product
IP
industrial production
JOLTS
Job Openings and Labor Turnover Survey
LFPR
labor force participation rate
MBS
mortgage-backed securities
OPEC
Organization of the Petroleum Exporting Countries
PCE
personal consumption expenditures
SEC
U.S. Securities and Exchange Commission
SLOOS
Senior Loan Officer Opinion Survey on Bank Lending Practices
TIPS
Treasury Inflation-Protected Securities
VIX
implied volatility for the S&P 500 index
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Last Update: July 05, 2019