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AGENDA
FEDERAL OPEN MARKET COMMITTEE
Monday, August 22, 1983, at 2:30 p.m.

1.

Informal discussion of certain procedural, presentational, and
conceptual issues (see attached outline).

2.

Guidelines for preserving confidentiality.

Tuesday, August 23, 1983, at 9:30 a.m.

1.

Approval of minutes of actions taken at the meeting of the
Federal Open Market Committee on July 12-13, 1983.

2.

Foreign currency operations

3.

4.

A.

Report on operations since the meeting on July 12-13, 1983.

B.

Action to ratify transactions since the meeting on
July 12-13, 1983.

Domestic open market operations
A.

Report on operations since the meeting on July 12-13, 1983.

B.

Action to ratify transactions since the meeting on July 12-13, 1983.

Staff report on economic situation.

-2-

5.

Committee discussion of economic situation and policy implications.

6.

Current monetary policy and domestic policy directive.

7.

A.

Comments by Staff Director.

B.

Committee discussion.

C.

Action to adopt policy directive.

Confirmation of date for next meeting (Tuesday, October 4, 1983).