Last plot for the sweep-adjusted base is September 1999. Last plots for MZM and M2 are estimated for December 1999. Dotted lines for M2 are FOMC-determined provisional ranges. Dotted lines represent growth rates and are for reference only. Plots for surplus and applied vault cash include data though December 15, 1999.
All yields are from constant-maturity series.
Weekly averages for the week of December 17, 1999. Rutgers University Press, 1991. Inflation and Prices a. Annualized. Calculated by the Federal Reserve Bank of Cleveland. Upper and lower bounds for CPI inflation path as implied by the central tendency growth ranges issued by the FOMC and nonvoting Reserve Bank presidents.