Board of Governors of the Federal Reserve System

Federal Reserve Tools for Managing Rates and Reserves (PDF)

Cover Memo: The Staff's Outlook for Price Inflation  (PDF)
  - The Staff’s Outlook for Price Inflation (PDF)

DSGE Models Update (PDF)
Supporting Documents for DSGE Models Update (PDF)

Cover Memo: Assessing the downward pressure on price and wage inflation: Does the distinction between long-term versus short-term unemployment matter?  (PDF)
  - Inflation and Long- and Short-term Unemployment  (PDF)

Cover Memo: Staff memo on the Tealbook forecast of business investment  (PDF)
  - Perspectives on the Recent Weakness in Business Investment  (PDF)

The Demand for Safe and Short-Term Assets and Financial Stability: Some Evidence and Implications for Central Bank Policies (PDF)

Cover Memo: Memo on Persistently Low Inflation in the Judgmental Forecast (PDF)
  - Why is Inflation Persistently Low in the Judgmental Forecast? (PDF)

Cover Memo: How Asymmetric are the Risks in the Macroeconomic Outlook? (PDF)
  - How Asymmetric are the Risks in the Macroeconomic Outlook?  (PDF)

DSGE Models Update (PDF)
Supporting Documents for DSGE Models Update (PDF)

Cover Memo: Housing in the Tealbook Forecast  (PDF)
  - Recent Weakness in Housing Activity and the Staff Outlook for the Housing Sector  (PDF)

Cover Memo: Background Memo on Long-term Inflation Expectations and Risks to the Inflation Outlook  (PDF)
  - Long-term Inflation Expectations and Risks to the Inflation Outlook (PDF)

Cover Memo: Background Memo on Potential Implications of Alternative Approaches to the Timing and Pace of Tightening  (PDF)
  - Potential Implications of Alternative Approaches to the Timing and Pace of Tightening (PDF)

DSGE Models Update (PDF)
Supporting Documents for DSGE Models Update (PDF)

Cover Memo: Upcoming Discussion of the Statement on Longer-Run Goals and Monetary Policy Strategy (the "Consensus Statement")  (PDF)
  - On Possible Changes to the Consensus Statement (PDF)

DSGE Models Update (PDF)
Supporting Documents for DSGE Models Update (PDF)

Cover Memo: Two notes on issues related to the labor market and cyclical dynamics  (PDF)
  - How Much Slack Remains in Resource Utilization? Comparing the Staff's Unemployment Rate Gap with Alternative Measures  (PDF)
  - The relationship between unemployment rate rises and recessions (PDF)