Board of Governors of the Federal Reserve System

Cover Memo: Memo on Balance Sheet Normalization Options (PDF)
  - Options for Announcing an End to Reducing the Size of the Balance Sheet (PDF)

Cover Memo: Attached Memo on Options for Ending Balance Sheet Runoff and Proposed Statement of Balance Sheet Normalization Principles and Plans (PDF)
  - Options for Ending Balance Sheet Runoff (PDF)

Cover Memo: Attached Memo on Transitioning to an Ample Reserves Regime with Lower Reserves (PDF)
  - Transitioning to an Ample Reserves Regime with Lower Reserves (PDF)

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

Cover Memo: Background Memo on Issues Associated with the Long-Run Composition of the SOMA Portfolio (PDF)
  - Transitioning to the Long-Run Composition of the SOMA Portfolio: A Preliminary Analysis (PDF)

Cover Memo: Background Memo on a Standing Fixed-Rate Repo Facility (PDF)
  - Standing Fixed-Rate Open Market Repo Facility (PDF)

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

Cover Memo: Background Papers for Review of Monetary Policy Framework (PDF)
  - The Federal Reserve’s Review of Its Monetary Policy Framework: A Roadmap (PDF)
  - Monetary Policy and Economic Performance since the Financial Crisis (PDF)

Cover Memo: Monetary Policy Tradeoffs and the Federal Reserve’s Dual Mandate (PDF)
  - Monetary Policy Tradeoffs and the Federal Reserve’s Dual Mandate (PDF)

Cover Memo: Background Papers for Review of Monetary Policy Framework (PDF)
  - Strengthening the current framework in view of the ELB and some considerations related to time-inconsistent strategies (PDF)
  - Alternative Strategies: How do they work? How might they help? (PDF)
  - How Robust Are the Alternative Strategies to Key Alternative Assumptions? (PDF)

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

Cover Memo: Background Materials for FOMC Briefings (PDF)
  - Effects of Recent Tariffs on Manufacturing Output (PDF) (8/26/2019)
  - Out-of-sample performance of recession probability models (PDF)

Cover Memo: Summary of Analytical Results for the September Report on Reserve Conditions (PDF)
  - Summary of Analytical Results for the September Report on Reserve Conditions (PDF)

Cover Memo: Recent Money Market Developments (PDF)
  - Recent Money Market Developments (PDF)

Cover Memo: Background Papers for Review of Monetary Policy Framework (PDF)
  - Issues Regarding the Use of the Policy Rate Tool (PDF)
  - Issues in the Use of the Balance Sheet Tool (PDF)

Cover Memo: Unemployment Rate Benchmarks (PDF)
  - Unemployment Rate Benchmarks (PDF)

Options for Repo Operations to Support Control of the Federal Funds Rate in an Ample Reserves Regime (PDF)

Cover Memo: Background Paper for Review of Monetary Policy Framework (PDF)
  - Distributional Considerations for Monetary Policy Strategy (PDF)

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

Summary and Key Takeaways of Fed Listens Events (PDF)
  - Fed Listens Events: Summary and Key Takeaways (PDF)