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CONFIDENTIAL (FR)
Matters for consideration at the meeting of the Federal Open Market
Committee to be held on Tuesday, November 2, 1965, at 9:30 a.m.

1.

Approval of the minutes of the meetings of the Federal Open
Market Committee held on September 28 and October 12, 1965.

2.

Report by the Special Manager for foreign currency operations
on such operations since the meeting of the Federal Open Market
Committee on October 12, 1965; action ith respect to transactions during such period; and consideration of recommendations
of the Special Manager.

3.

Report by the Manager of the System Open Market Account on open
market operations since the meeting of the Federal Open Market
Committee on October 12, 1965; and action with respect to transactions during such period.

4.

Reports on economic and financial developments.

5.

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

6.

Confirmation of date for next meeting (November 23,
schedule of tentative 1966 meeting dates.

Attachment

1965);