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

Abbreviations

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

AFE advanced foreign economy
BLS Bureau of Labor Statistics
DPI disposable personal income
EME emerging market economy
FOMC Federal Open Market Committee; also, the Committee
GDP gross domestic product
JOLTS Job Openings and Labor Turnover Survey
LIBOR London interbank offered rate
MBS mortgage-backed securities
Michigan survey University of Michigan Surveys of Consumers
MMF money market mutual fund
OIS overnight index swap
ON RRP overnight reverse repurchase agreement
OPEC Organization of the Petroleum Exporting Countries
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
TIPS Treasury Inflation-Protected Securities

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Last update: February 14, 2017