Abbreviations
Monetary Policy Report submitted to the Congress on July 5, 2024, pursuant to section 2B of the Federal Reserve Act
- AFE
- advanced foreign economy
- AI
- artificial intelligence
- BOJ
- Bank of Japan
- BTFP
- Bank Term Funding Program
- CBO
- Congressional Budget Office
- CES
- Current Employment Statistics
- COVID-19
- coronavirus disease 2019
- CPI
- consumer price index
- CRE
- commercial real estate
- DI
- depository institution
- EFFR
- effective federal funds rate
- ELB
- effective lower bound
- EME
- emerging market economy
- EPOP ratio
- employment-to-population ratio
- FOMC
- Federal Open Market Committee; also, the Committee
- GDI
- gross domestic income
- GDP
- gross domestic product
- JOLTS
- Job Openings and Labor Turnover Survey
- LFPR
- labor force participation rate
- MBS
- mortgage-backed securities
- MMF
- money market fund
- NFIB
- National Federation of Independent Business
- OER
- owners' equivalent rent
- ON RRP
- overnight reverse repurchase agreement
- OPEC
- Organization of the Petroleum Exporting Countries
- PCE
- personal consumption expenditures
- QCEW
- Quarterly Census of Employment and Wages
- 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
- VIX
- implied volatility for the S&P 500 index
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Last Update:
July 05, 2024