A Half Century of Federal Reserve Policymaking, 1914-1964, Volume 53, Page 75Study based on the minutes of the meetings of the various policymaking bodies. Bibliographical footnotes. |
Contents
BOOM AND DEPRESSION | 14 |
OBJECTIVES AND GUIDES | 31 |
USE OF THE TOOLS | 43 |
11 other sections not shown
Other editions - View all
A Half-Century of Federal Reserve Policymaking, 1914 - 1964 Clay J. Anderson No preview available - 2002 |
Common terms and phrases
agreement bank reserves Board of Governors boom buying central bank Chairman credit expansion currency dealers debt management deficit demand depression direct discount rate discount window discussion dollar economic effective excess reserves Executive Committee Federal Open Market Federal Reserve authorities Federal Reserve Bank Federal Reserve notes Federal Reserve officials Federal Reserve policy Federal Reserve System flexibility foreign exchange markets funds gold Government securities market increase inflation inflationary interest rates investments issues liquidation loans maintain member banks member-bank borrowing ment securities million monetary policy needed objectives Open Market Committee open market operations open market policy pattern of rates period policy formulation policymakers postwar preferential rate pressure problem purchases rate pattern recovery repurchase agreements Reserve Bank credit reserve positions reserve requirements responsibility restraint result role short-term securities speculative stability subcommittee support policy System officials thought tion transactions Treasury bills Treasury officials Treasury securities volume of excess