This issue brief discusses the potential causes of the post-crisis decline in bank lending. First, it compares bank lending to several measures of economic activity. Second, it discusses two other factors that affect lending: regulation and changes in the Fed's monetary policy. The evidence...

Federal Open Market Committee (FOMC) decisions rely on economic forecasts from the Federal Reserve Board (FRB) staff. This paper analyzes the forecasts of GDP growth, inflation, and unemployment by the FRB staff and the FOMC from 2009 through 2016. Forecasts for the current year are positively...

We use the sensitivity of bank holding company equity returns to market interest rates as an indicator of perceived maturity mismatch. Based on data from 1990 to 2009, there is only weak evidence that market participants perceived banks to be effectively short-funded. However, looking at 1990 to...