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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 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