Full text of Federal Open Market Committee Meeting Minutes, Transcripts, and Other Documents : Meeting, February 9-10, 1988 : Agenda

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AGENDA
FEDERAL OPEN MARKET COMMITTEE
Tuesday, February 9, 1988 at 3:00 p.m.
and continuing on
Wednesday, February 10, 1988 at 9:30 a.m.

1.

Approval of minutes of actions taken at the meetings of the Federal
Open Market Committee on December 15-16, 1987 and January 5, 1988.

2.

Economic situation.
A.
B.

3.

Staff report on economic situation (Chart Show)
Committee discussion.

Longer-run ranges for monetary aggregates.
A.
B.

4.

Staff comments.
Committee discussion and action on ranges for 1988.

Foreign currency operations.
A.
B.

5.

Report on operations since the meeting on December 15-16, 1987.
Action to ratify transactions since the December meeting.

Domestic open market operations.
A.
B.

6.

Report on operations since the meeting on December 15-16, 1987.
Action to ratify transactions since the December meeting.

Current monetary policy and domestic policy directive.
A.
B.

Committee discussion.

C.
7.

Staff comments.

Action to adopt directive.

Confirmation of date for next meeting (Tuesday, March 29, 1988).