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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 15, 2014, pursuant to section 2B of the Federal Reserve Act

AFE advanced foreign economy
BHC bank holding company
CDS credit default swaps
C&I commercial and industrial
CRE commercial real estate
ECB European Central Bank
E&I equipment and intangible
EME emerging market economy
FOMC Federal Open Market Committee; also, the Committee
GDP gross domestic product
IOER interest on excess reserves
LIBOR London interbank offered rate
MBS mortgage-backed securities
ON RRP overnight reverse repurchase agreement
PCE personal consumption expenditures
REIT real estate investment trust
SLOOS Senior Loan Officer Opinion Survey on Bank Lending Practices
SOMA System Open Market Account
S&P Standard & Poor's
TDF Term Deposit Facility

Last update: July 15, 2014