Conduct of Monetary Policy: (report of the Federal Reserve Board Pursuant to the Full Employment and Balanced Growth Act of 1978, P.L. 95-523.) : Hearing Before the Subcommittee on Domestic Monetary Policy of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred First Congress, Second Session, July 24, 1990
United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Domestic Monetary Policy
U.S. Government Printing Office, 1990 - Monetary policy - 89 pages
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adjustment assets balance banks and thrifts Barnard Basel accord billion boosted borrowing budget deficit Chairman Neal commercial banks Committee Congress consumer continued credit conditions credit crunch credit flows credit markets debt demand depository credit depository institutions dollar domestic nonfinancial economic growth economy effects employment expansion exports Federal funds rate Federal Reserve Federal Reserve System FOMC food and energy fourth quarter going Greenspan half Hoagland income increases issue lax lending standards Leach lending loans long-term lower M2 growth McCollum MMMFs moderate monetary aggregates monetary policy monitoring range offset overall pace Percent change percentage point pressures price stability quarter of 1990 question rate of growth recent recession reduced reflects restraint retail deposits savings rate Schumer second quarter securitized service prices significant slowdown slowed sluggish spending standards Thank thrift industry tier 1 capital Treasury velocity weakness yield curve zero inflation