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Authorized for public release by the FOMC Secretariat on 08/04/2017 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM Division of Monetary Affairs FOMC Secretariat Date: August 4, 2011 To: Federal Open Market Committee From: William B. English Subject: A Further Memo on Possible Policy Actions to Provide Additional Monetary Policy Accommodation Yesterday we circulated two memos on possible policy actions to provide additional monetary policy accommodation. The attached memo, “Strategies for Targeting Interest Rates Out the Yield Curve” (originally distributed to the Committee on October 13, 2010), provides some further options for providing such accommodation. Page 1 of 1
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