The number of employees has been increasing steadily in a situation where firms were more aware of the shortage of labor, and wages have also been rising gradually as a trend. As a result, household income has continued rising moderately. With this steady improvement in the employment and income situation, private consumption has been on an increasing trend.
The Federal Reserve will be protected from credit losses by lending amounts less than the market value of the financed security – that is, by applying a "haircut" – and by the $ billion of capital provided by the TARP.