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Authorized for Public Release Class III FOMC – Internal (FR) AGENDA FEDERAL OPEN MARKET COMMITTEE Tuesday, October 31, 2017, at 1:30 p.m. and continuing on Wednesday, November 1, 2017, at 9:00 a.m. 1. Selection of James A. Clouse as Secretary. 2. Financial developments and open market operations. A. Staff report on market developments and operations. B. Action to ratify the open market transactions for the System account since the September meeting. 3. Economic and financial situation. A. Staff report. B. Opportunity for Committee participants to comment on financial stability issues. (See memo distributed October 20, 2017.) 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 12– 13, 2017). -1-
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