- June 21, 2016: Summary
- Part 1
- Part 2
- Part 3
- Abbreviations
- Printable Version (2.74 MB PDF)
Abbreviations
Monetary Policy Report submitted to the Congress on June 21, 2016, pursuant to section 2B of the Federal Reserve Act
| AFE | advanced foreign economy |
| C&I | commercial and industrial |
| CRE | commercial real estate |
| ECI | employment cost index |
| FOMC | Federal Open Market Committee; also, the Committee |
| GDP | gross domestic product |
| GO | general obligation |
| MBS | mortgage-backed securities |
| Michigan survey | University of Michigan Surveys of Consumers |
| ON RRP | overnight reverse repurchase agreement |
| PCE | personal consumption expenditures |
| SEP | Summary of Economic Projections |
| SLOOS | Senior Loan Officer Opinion Survey on Bank Lending Practices |
| SOMA | System Open Market Account |
| S&P | Standard & Poor's |
Last update:
June 21, 2016