Abbreviations
Monetary Policy Report submitted to the Congress on June 16, 2023, pursuant to section 2B of the Federal Reserve Act
- AFE
- advanced foreign economy
- AUM
- assets under management
- BLS
- Bureau of Labor Statistics
- BTFP
- Bank Term Funding Program
- C&I
- commercial and industrial
- COVID-19
- coronavirus disease 2019
- CRE
- commercial real estate
- DI
- depository institution
- DPI
- disposable personal income
- ELB
- effective lower bound
- EME
- emerging market economy
- EPOP ratio
- employment-to-population ratio
- FDIC
- Federal Deposit Insurance Corporation
- FOMC
- Federal Open Market Committee; also, the Committee
- GDP
- gross domestic product
- G-SIBs
- global systemically important banks
- MBS
- mortgage-backed securities
- MMF
- money market fund
- ON RRP
- overnight reverse repurchase agreement
- OPEC
- Organization of the Petroleum Exporting Countries
- PCE
- personal consumption expenditures
- repo
- repurchase agreement
- SLOOS
- Senior Loan Officer Opinion Survey on Bank Lending Practices
- SOMA
- System Open Market Account
- S&P
- Standard & Poor's
- SVB
- Silicon Valley Bank
- VIX
- implied volatility for the S&P 500 index
Back to Top
Last Update:
June 20, 2023