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AGENDA FEDERAL OPEN MARKET COMMITTEE Tuesday, May 20, 1986 at 9:15 a.m. 1. Approval of minutes of actions taken at the meeting of the Federal Open Market Committee on April 1, 1986. 2. Foreign currency operations. 3. 4. 5. 6. A. Report on operations since the meeting on April 1, 1986. B. Action to ratify transactions, if any, since April meeting. Domestic open market operations. A. Report on operations since the meeting on April 1, 1986. B. Action to ratify transactions since April meeting. Economic situation. A. Staff report on economic situation. B. Committee discussion. Current monetary policy and domestic policy directive. A. Staff comments. B. Committee discussion. C. Action to adopt policy directive. Confirmation of date for next meeting (Tuesday-Wednesday, July 8-9, 1986).
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