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AGENDA FEDERAL OPEN MARKET COMMITTEE Monday, February 2, 1981, at 10:00 a.m. and continuing on Tuesday, February 3, 1981, at 9:30 a.m. 1. Approval of minutes of actions taken at the meeting of the Federal Open Market Committee on December 18-19, 1980. 2. Monetary control procedures. 3. 4. A. Report by Economist. B. Committee discussion. Foreign currency operations. A. Report on operations since the meeting on December 18-19, 1980. B. Action to ratify transactions since the meeting on December 18-19, 1980. C. Recommendations with respect to operations. Domestic open market operations. A. Report on operations since the meeting on December 18-19, 1980. B. Action to ratify transactions since the meeting on December 18-19, 1980. - 2 - 5. 6. 7. Longer-run ranges for monetary aggregates. A. Staff report on economic situation. B. Committee discussion of economic situation and implications for longer-run ranges. C. Action to establish longer-run ranges. Current monetary policy and domestic policy directive. A. Comments by Economist. B. Committee discussion. C. Action to adopt policy directive. Confirmation of date for next meeting (Tuesday, March 31, 1981).
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