With price inflation already at a low level, substantial further disinflation would be an unwelcome development, especially to the extent it put pressure on profit margins and impeded the revival of business spending, |
With production running well below sales, the lift to income and spending from the inevitable cessation of inventory liquidation could be significant, |
With real energy prices on the rise, more rapid decreases in the intensity of energy use in the years ahead seem virtually inevitable, |
With regard to margin requirements, studies suggest that changes in such requirements have no appreciable and predictable effect on stock prices, ... Nonetheless, the Federal Reserve recognizes that considerable risks can be involved in the purchase of equity on margin, especially in volatile markets, and believes lenders and borrowers need to assess carefully the risks they are assuming through the use of margin. |
Without the needed restrictions on the size of the GSE balance sheets, we put at risk our ability to preserve safe and sound financial markets in the United States, a key ingredient of support for housing, |
Yes, yes. Next February as well. |