The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Authorized for public release by the FOMC Secretariat on 3/17/2020 RE INRECORDS SECTION BOARD OF GOVERNORS DEC 8 1961 OF THE FEDERAL RESERVE SYSTEM WASHINGTON December 8, 1961. TO: Federal Open Marke t Committee FROM: Ralph A. Young In my memorandum of November 21, 1961, I outlined plans for a seminar on reserve projections and estimations to be held on December 19-20, 1961, following the scheduled meeting of the Federal Open Market Committee on December 19. Subsequent developments have resulted in a very heavy agenda for the Committee to consider on the 19th, with the meeting expected to Many of the individuals who are extend into an afternoon session. scheduled to lead or attend the reserve discussions will be involved in preparation for or participation in that date. As a consequence, it the Committee's deliberations on appears advisable to shift the planned dates for the reserve seminar to the afternoon of January 9 and the full day of January 10, 1962, following Committee. It is hoped this shift in the scheduled meeting of the seminar schedule will enable all participants to extract the maximum value from the planned presentations and discussion.
@FedFRASER