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AGENDA
FEDERAL OPEN MARKET COMMITTEE
Tuesday, September 16,

1980

9:30 a.m.

1.

Approval of minutes of actions taken at the meeting of
the Federal Open Market Committee on August 12, 1980.

2.

Foreign currency operations.

3.

A.

Report on operations since the meeting on August 12.

B.

Action to ratify transactions since the meeting on
August 12.

C.

Recommendations with respect to operations.

Domestic open market operations.
A.

Report on operations since the meeting on August 12.

B.

Action to ratify transactions since the meeting on
August 12.

4.

Staff report on economic situation.

5.

Comments by Economist on prospective financial relationships.

6.

Committee discussion of economic situation and policy
implications.

- 2 7.

Current monetary policy and domestic policy directive.
A.

Committee discussion.

B.

Action to adopt policy directive.

8.

Delegation of responsibility for appeals under the
Freedom of Information Act.

9.

Confirmation of date for next meeting (Tuesday, October
21, 1980.)