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Authorized for Public Release
Class III FOMC – Internal (FR)

AGENDA
FEDERAL OPEN MARKET COMMITTEE
Tuesday, April 26, 2016, at 10:30 a.m.
and continuing on
Wednesday, April 27, 2016, at 9:00 a.m.
1. Special topic: The relationship between monetary policy and financial stability.
A. Staff comments. (See memos dated April 13, 2016.)
B. Opportunity for Committee participants to comment.
2. Financial developments and open market operations.
A. Staff report on market developments and operations.
B. Action on annual renewal of swap arrangements. (See forthcoming memo.)
C. Action to ratify the open market transactions for the System account since the
March meeting.
3. Economic and financial situation.
A. Staff report.
B. Opportunity for Committee participants to comment on financial stability issues.
(See memo dated April 15, 2016.)
C. Committee discussion of economic developments and outlook.
4. Current monetary policy.
A. Staff comments.
B. Committee discussion.
C. Action to adopt directive and statement.
5. Confirmation of the date for the next meeting (Tuesday–Wednesday, June 14–15,
2016).

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