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Authorized for public release by the FOMC Secretariat on 02/15/2017 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM Division of Monetary Affairs FOMC SECRETARIAT Date: October 6, 2011 To: Federal Open Market Committee From: Matthew M. Luecke Subject: Alternative Monetary Policy Frameworks The attached memo, “Alternative Monetary Policy Frameworks,” is being circulated as background for a discussion on this topic at the November 1-2, 2011, FOMC meeting. 1 of 1