Abbreviations
Monetary Policy Report submitted to the Congress on July 13, 2018, pursuant to section 2B of the Federal Reserve Act
- AFE
- advanced foreign economy
- BBA
- Bipartisan Budget Act of 2018
- BLS
- Bureau of Labor Statistics
- C&I
- commercial and industrial
- Desk
- Open Market Desk at the Federal Reserve Bank of New York
- DPI
- disposable personal income
- ECB
- European Central Bank
- EME
- emerging market economy
- FOMC
- Federal Open Market Committee; also, the Committee
- GDP
- gross domestic product
- IOER
- interest on excess reserves
- JOLTS
- Job Openings and Labor Turnover Survey
- LFPR
- labor force participation rate
- MBS
- mortgage-backed securities
- Michigan survey
- University of Michigan Surveys of Consumers
- OIS
- overnight index swap
- 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
- S&P
- Standard & Poor's
- TCJA
- Tax Cuts and Jobs Act
- TIPS
- Treasury Inflation-Protected Securities
- VIX
- implied volatility for the S&P 500 index
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Last Update:
August 11, 2022