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AGENDA

(REVISED)
FEDERAL OPEN MARKET COMMITTEE
Tuesday, December 21,

1993 at 9:00 a.m.

1.

Approval of the minutes for the November 16, 1993 meeting.

2.

Delegation of responsibility for decisions on appeals under the
Freedom of Information Act of denials of access to Committee
records. (Memorandum dated December 17, 1993)

3.

Discussion of staff study of price stability and economic
performance. (Memorandum dated December 13, 1993)

4.

Foreign currency operations.

5.

6.

7.

8.

A.

Report on operations since the November meeting.

B.

Action to ratify transactions, if any, since the meeting.

Domestic open market operations.
A.

Report on operations since the November meeting.

B.

Action to ratify transactions since the meeting.

Economic situation.
A.

Staff report on economic situation.

B.

Committee discussion.

Current monetary policy.
A.

Staff comments.

B.

Committee discussion.

C.

Action to adopt directive.

Confirmation of date for next meeting (Thursday-Friday,
February 3-4, 1994).