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Authorized for public release by the FOMC Secretariat on 9/1/2020

BOARD

OF

GOVERNORS
DIVISION

OF THE

OF

FEDERAL RESERVE SYSTEM

MONETARY AFFAIRS

FOMC SECRETARIAT

Date:

September 5, 2014

To:

Federal Open Market Committee

From:

Matthew M. Luecke

Subject: Background Memo on Potential Implications of Alternative Approaches to
the Timing and Pace of Tightening

Attached as background is a memo entitled, “Potential Implications of
Alternative Approaches to the Timing and Pace of Tightening.”

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