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AGENDA FEDERAL OPEN MARKET COMMITTEE Tuesday, July 5, 1994 at 2:30 p.m. and continuing on Wednesday, July 6, 1994 at 9:00 a.m. 1. Approval of the minutes for the May 17, 2. 1994 meeting. Foreign currency operations. A. B. 3. Report on operations since the May meeting. Action to ratify transactions since the meeting. Domestic open market operations. A. B. 4. Report on operations since the May meeting. Action to ratify transactions since the meeting. Economic situation. A. B. 5. Staff report on economic situation. (Chart Show) Committee discussion. Longer-run ranges for monetary policy. A. Staff comments. B. Committee discussion and actions on longer-run ranges. 1. 2. 6. Review of ranges for 1994. Establishment of tentative ranges for Current monetary policy. A. Staff comments. B. Committee discussion. C. 7. 1995. Action to adopt directive. Confirmation of date for next meeting (Tuesday, August 16, 1994).
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