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AGENDA
FEDERAL OPEN MARKET COMMITTEE
Tuesday, October 4, 1983, at 9:00 a.m.

1.

Approval of minutes of actions taken at the meeting of the
Federal Open Market Committee on August 23, 1983.

2.

Foreign currency operations

3.

4.

A.

Report on operations since the meeting on August 23, 1983.

B.

Action to ratify transactions, if any, since the meeting on
August 23, 1983.

Domestic open market operations
A.

Report on operations since the meeting on August 23, 1983.

B.

Action to ratify transactions since the meeting on August 23, 1983.

Economic situation.
A.

Staff report.

B.

Committee discussion.

-2-

5.

6.

Current monetary policy and domestic policy directive.
A.

Comments by Staff Director (includes presentation on velocity).

B.

Committee discussion.

C.

Action to adopt policy directive.

Confirmation of date for next meeting (Tuesday, November 15, 1983).