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AGENDA
FEDERAL OPEN MARKET COMMITTEE
Tuesday, August 24, 1982, at 9:15 a.m.

1.

Approval of minutes of actions taken at the meetings of the Federal
Open Market Committee on June 30-July 1 and July 15, 1982.

2.

Foreign currency operations.

3.

A.

Report on foreign currency operations since the meeting on
June 30-July 1, 1982.

B.

Action to ratify transactions since meeting on June 30-July 1, 1982.

Domestic open market operations.
A.

Report on operations since the meeting on June 30-July 1, 1982.

B.

Action to ratify transactions since the meeting on June 30-July 1, 1982.

4.

Staff report on economic situation.

5.

Comments by Staff Director.

-2-

6.

Committee discussion of economic situation and policy implications.

7.

Current monetary policy and domestic policy directive.

8.

A.

Committee discussion.

B.

Action to adopt policy directive.

Confirmation of date for next meeting Tuesday, October 5, 1982.