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Authorized for Public Release Class III FOMC – Internal (FR) AGENDA FEDERAL OPEN MARKET COMMITTEE Tuesday, October 27, 2015, at 10:00 a.m. and continuing on Wednesday, October 28, 2015, at 9:00 a.m. 1. Special topic: Equilibrium real interest rates. (See background memos on r* distributed October 13, 2015.) A. Staff presentation. B. Opportunity for Committee participants to comment. 2. Financial developments and open market operations. A. Staff report on market developments and operations. B. Staff report on issues related to the debt ceiling. (See forthcoming memo.) C. Action to ratify the open market transactions for the System account since the September meeting. 3. Economic and financial situation. A. Staff presentation. B. Opportunity for Committee participants to comment on financial stability issues. (See memo distributed on October 20, 2015.) C. Committee discussion of economic developments and outlook. 4. Current monetary policy. A. Staff comments. B. Committee discussion. C. Action to adopt directive and statement. 5. Confirmation of the date for the next meeting (Tuesday–Wednesday, December 15– 16, 2015). -1-
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