In May 2010, the tensions to which the Greek government bonds were subject generated uncertainty and a loss of confidence that has spread to the government bond markets of various jurisdictions in the euro area, almost to the point of paralysing them.
The two new SEP charts that we released for the first time following the December FOMC meeting speak to these issues by providing information on how the risks and uncertainties that surround the modal or baseline projections have evolved over The most recent SEP is available on the Board’s website at https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm. 2  -3time.