To forecast the indices we used the current Zillow Home Value Index value for May, which we released almostthreeweeksago, the April Case-Shiller home indices numbers and the national percentage for foreclosure re-sales in May.
The release this week of the minutes of its last meeting created brief excitement when the minutes revealed that at that meeting threeweeksago members of the committee were more concerned about the economic slowdown and almost ready to take action.