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AGENDA FEDERAL OPEN MARKET COMMITTEE Tuesday, December 22, 1998 at 9:00 a.m. 1998 meeting. 1. Approval of the minutes for the November 17, 2. Foreign currency and domestic open market operations. 3. 4. A. Report on foreign exchange market developments. B. Report on domestic market developments and action to ratify the open market transactions for System account since the meeting on November 17, 1998. 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. 5. Further consideration of Committee's disclosure policy. 6. Confirmation of date for next meeting February 2-3, 1999.) (Tuesday-Wednesday,
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