In particular, the Bank will continue to assess the economy’s sensitivity to interest rate movements and the evolution of economic capacity.
“Issuer Quality and Corporate Bond Returns,” Review of Financial Studies, vol. 26 (June), pp. 1483–1525. Hanson, Samuel G., and Jeremy C. Stein (2012). “Monetary Policy and Long-Term Real Rates,” Finance and Economics Discussion Series 2012–46. Washington: Board of Governors of the Federal Reserve System, July. Kim, Don H., and Jonathan H. Wright (2005).