Abbreviations
Monetary Policy Report submitted to the Congress on February 25, 2022, pursuant to section 2B of the Federal Reserve Act
- AFE
- advanced foreign economy
- ARM
- adjustable-rate mortgage
- BLS
- Bureau of Labor Statistics
- CCP
- central counterparty
- CIE
- common inflation expectations
- COVID-19
- coronavirus disease 2019
- CPI
- consumer price index
- CPS
- Current Population Survey
- EME
- emerging market economy
- FOMC
- Federal Open Market Committee; also, the Committee
- GDP
- gross domestic product
- LFPR
- labor force participation rate
- MBS
- mortgage-backed securities
- MMF
- money market fund
- ON RRP
- overnight reverse repurchase agreement
- OPEC
- Organization of the Petroleum Exporting Countries
- PCE
- personal consumption expenditures
- PPP
- Paycheck Protection Program
- repo
- repurchase agreement
- SEC
- Securities and Exchange Commission
- SOFR
- Secured Overnight Financing Rate
- SOMA
- System Open Market Account
- S&P
- Standard & Poor's
- TGA
- Treasury General Account
- TIPS
- Treasury Inflation-Protected Securities
- USD
- U.S. dollar
- VIX
- implied volatility for the S&P 500 index
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Last Update:
August 11, 2022