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Class III FOMC – Internal (FR)

AGENDA
FEDERAL OPEN MARKET COMMITTEE
Wednesday, June 27, 2007 at 2:00 p.m. 

and continuing on 

Thursday, June 28, 2007 at 9:00 a.m. 


1.	 Foreign currency and domestic open market operations.
A.	 Report on market developments.
B.	 Action to ratify the open market transactions for the System account since the
May meeting.
2.	 Economic situation.
A.	 Staff report (Chart Show).
B.	 Committee discussion.
3.	 Current monetary policy.
A.	 Staff comments.
B.	 Committee discussion.
C.	 Action to adopt directive.
4.	 Discussion of communications issues. (See background memos sent to the
Committee by Vincent Reinhart on June 15, 2007 and by Deborah Danker,
forthcoming.)
A.	 Staff comments.
B.	 Committee discussion.
5.	 Confirmation of the date for the next meeting (Tuesday, August 7, 2007).