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CONFIDENTIAL (FR)
Matters for consideration at the meeting of the Federal Open Market
Committee to be held on Tuesday, June 24, 1969, at 9:30 a.m.

1.

Approval of minutes of actions taken at the meeting of the
Federal Open Market Committee on May 27, 1969.

2.

Acceptance of memorandum of discussion for the meeting of the
Federal Open Market Committee on May 27, 1969.

3.

Report of the Special Manager for foreign currency operations
on such operations since the meeting of the Federal Open Market
Committee on May 27, 1969; action with respect to transactions
during such period; and consideration of recommendations of the
Special Manager.

4.

Report by the Manager of the System Open Market Account on open
market operations since the meeting of the Federal Open Market
Committee on May 27, 1969; and action with respect to transactions during such period.

5.

Staff reports on economic and financial developments. (Chart Show)

6.

Discussion of factors bearing on monetary and credit policy;
and derivation of consensus regarding open market operations
in the forthcoming period.

8.

Further discussion of outright System transactions in agency issues.
(See forthcoming memorandum from Manager.)

9.

Confirmation of date for next meeting (July 15, 1969).

Attachment