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AGENDA FEDERAL OPEN MARKET COMMITTEE Tuesday, February 7, 1989 at 3:00 p.m. and continuing on Wednesday, February 8, 1989 at 9:30 a.m. 1. Approval of minutes of actions taken at the meeting of the Federal Open Market Committee on December 13-14, 1988. 2. Foreign currency operations. A. B. 3. Report on operations since the meeting on December 13-14, 1988. Action to ratify transactions since December meeting. Domestic open market operations. A. B. 4. Report on operations since the meeting on December 13-14, 1988. Action to ratify transactions since December meeting. Economic situation. A. B. 5. Staff report on economic situation (Chart Show). Committee discussion. Longer-run ranges for monetary aggregates. A. B. 6. Staff comments. Committee discussion and action on ranges for 1989. Current monetary policy and domestic policy directive. A. B. Committee discussion. C. 7. Staff comments. Action to adopt directive. Confirmation of date for next meeting (Tuesday March 28, 1989).
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