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33 Liberty Street Aaa-rated Agency securities aggregates April April 28 assets auction average bank credit banking system basis points behavior Bond Markets borrowing capital certificates of deposit changes Chart commercial consumer continued corporate currencies December declined demand deposits developments dollar domestic earlier economic activity employment exchange rate expansion factors Federal funds rate Federal Reserve Bank Federal Reserve System FOMC forecasts Government securities growth income increase industrial inflation interest rates inventories investment investors issues labor force LDCs leading indicators liquidity loans Member bank ment monetary policy money market month Monthly Review November old CLI OPEC countries output peak percent annual rate percentage point period production range recent recession recovery reflected relatively Repurchase agreements reserve currencies retail rise rose Seasonally adjusted sector sharply sizable stability statement week subscriptions substantial tion trade Treasury securities trough United wage yields York City