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Class III FOMC - Internal (FR)

AGENDA

FEDERAL OPEN MARKET COMMITTEE

Tuesday, August 9, 2005 at 9:00 a.m.


1. 	Foreign currency and domestic open market operations.
A. 	Report on foreign exchange market developments.
B. 	 Report on domestic market developments and action to ratify the open market
transactions for the System account since the June meeting.
2. 	 Economic situation.
A. 	 Staff report.
B. 	 Committee discussion.
3. 	 Current monetary policy.
A. 	 Staff comments.
B. 	 Committee discussion.
C. 	 Action to adopt directive.
4. 	 Confirmation of the date for next meeting (Tuesday, September 20, 2005).