Full text of Federal Open Market Committee Meeting Minutes, Transcripts, and Other Documents : Meeting, August 20, 1974 : Memo: Staff Committee on Possible New Means of Supplying Reserves to the Market

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

Authorized for public release by the FOMC Secretariat on 8/21/2020

BOARD OF GOVERNORS
OF THE

FEDERAL RESERVE SYSTEM
WASHINGTON, D.C. 20551

July 18, 1974
CONFIDENTIAL (FR)

TO:

Federal Open Market Committee

FROM:

Arthur L.

Broida

At the July meeting of the Committee it was suggested
that a staff committee be appointed to consider possible new
means of supplying reserves to the market.
Chairman Burns has named the following to serve on a
staff committee for this purpose:
Mr. Holmes, System Account Manager
Mr. O'Connell, General Counsel
Mr. Axilrod, Economist (Domestic Finance),

Chairman