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Board of Governors of the Federal Reserve System
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Board of Governors of the Federal Reserve System


Monetary Policy Report submitted to the Congress on July 17, 2013, pursuant to section 2B of the Federal Reserve Act

ABCP asset-backed commercial paper
AFE advanced foreign economy
BHC bank holding company
BOJ Bank of Japan
C&I commercial and industrial
CP commercial paper
CPI consumer price index
CRE commercial real estate
Desk Open Market Desk
ECB European Central Bank
EME emerging market economy
E&S equipment and sortware
FOMC Federal Open Market Committee; also, the Committee
GDP gross domestic product
JGB Japanese government bond
MBS mortgage-backed securities
Michigan survey Thomson Reuters/University of Michigan Surveys of Consumers
NFIB National Federation of Independent Business
PCE personal consumption expenditures
PMI purchasing managers index
REIT real estate investment trust
repo repurchase agreement
reverse repo reverse repurchase agreement
SEP Summary of Economic Projections
SLOOS Senior Loan Officer Opinion Survey on Bank Lending Practices
SOMA System Open Market Account
S&P Standard and Poor's
TDF Term Deposit Facility

Last update: July 17, 2013