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Authorized for public release by the FOMC Secretariat on 01/11/2019

BOARD

OF

GOVERNORS

OF THE

FEDERAL RESERVE SYSTEM

Division of Monetary Affairs
FOMC SECRETARIAT

Date:

September 6, 2013

To:

Federal Open Market Committee

From:

Deborah J. Danker

Subject: A Simple LSAP Rule
The attached memo, “Economic Conditions and the Federal Reserve’s
Balance Sheet Under a Simple Rule to Guide Large-Scale Asset Purchases,” is
being provided as background for the upcoming FOMC meeting.

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