Federal Reserve Policy Actions: Hearing Before the Committee on Banking, Housing, and Urban Affairs, United States Senate, Ninety-sixth Congress, First Session ... October 15, 1979 |
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Contents
MONDAY OCTOBER 15 | 1 |
Bryant Ralph senior fellow the Brookings Institution | 73 |
Meltzer Allan H Graduate School of Industrial Administration Carnegie | 80 |
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Common terms and phrases
accounts actions agencies of foreign agency securities Agreement Corporations ahead announced assets balance bank credit bank reserves Board borrowings branches and agencies Chairman Volcker commercial banks computation period Congress daily average decline deficit dollar economy effect Eurocurrency Eurodollar excess exchange rates Federal funds rate Federal Open Market Federal Reserve Banks Federal Reserve System foreign banks going growth of money increase institutions interest rates issues kind marginal reserve requirement maturities of less MELTZER member banks million moderate monetary aggregates monetary base monetary policy money and credit money growth money market money stock money supply months nominal GNP Olsen Open Market Committee open market operations original maturities pegging percent period beginning problem question rate of inflation recession repurchase agreements required to maintain Robert Nathan Senator MORGAN Senator SARBANES seven-day short run short-term total managed liabilities transactions Treasury U.S. branches U.S. government unemployment