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Authorized for public release by the FOMC Secretariat on 08/04/2017 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM Division of Monetary Affairs FOMC SECRETARIAT Date: April 19, 2011 To: Federal Open Market Committee From: Deborah J. Danker Subject: Background on Strategies for Removing Policy Accommodation The first attached memo, “Exit Strategy,” will form the basis of the briefing on Agenda Item 2 (Strategies for Removing Policy Accommodation) at next week’s FOMC meeting. The second memo, “Long-Run Policy Implementation Frameworks,” is included as additional background. In the next day or two, we will also be distributing questions that you may wish to address in your comments during the go-round on this topic at the meeting. Page 1 of 1
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