Revision of Regulation W: Consumer Credit Stability in the National Economy1946-11-15unknownhttp://rightsstatements.org/vocab/NKC/1.0/enghttp://congressarchives.org/record/CAC_CC_047_1_3_13_0001The Board of Governors of the Federal Reserve System has revised Regulation W to focus on instalment credit for major durable goods, in an effort to stabilize the economy. The regulation now applies to 12 categories of goods, with simplified provisions and a maximum maturity of 15 months. Charge accounts and single-payment loans are no longer covered. The revision aims to provide a clearer understanding of the regulation's impact and may be further modified in the future.