Full text of Federal Open Market Committee Meeting Minutes, Transcripts, and Other Documents : Meeting, December 17, 1996 : Agenda

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AGENDA
FEDERAL OPEN MARKET COMMITTEE
Tuesday, December 17,

1996 at 9:00 a.m.

1.

Approval of the minutes for the November 13,

2.

Foreign currency and domestic

1996, meeting.

open market operations.

A.

B.

3.

Report on foreign exchange market developments and
action to ratify the foreign currency transactions
for System account, if any, since the meeting on
November 13, 1996.
Report on domestic market developments and action to
ratify the open market transactions for System account
since the meeting on November 13, 1996.

Economic situation.
A.
B.

4.

Staff report on economic situation.
Committee discussion.

Current monetary policy.
A.
B.

Committee discussion.

C.
5.

Staff comments.

Action to adopt directive.

Confirmation of date for next meeting (Tuesday-Wednesday,
February 4-5. 1997).