Federal Reserve's First Monetary Policy Report for 1980: Hearings Before the Committee on Banking, Housing, and Urban Affairs, United States Senate, Ninety-sixth Congress, Second Session ... February 25 and 26, 1980 |
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Contents
Opening statement of Chairman Proxmire | 1 |
WitnessContinued Page | 49 |
WitnessContinued Page | 150 |
Copyright | |
9 other sections not shown
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Common terms and phrases
accounts annual rate bank credit bank reserves banking system billion Board of Governors borrowing banks budget Chairman VOLCKER Chart checkable deposits commercial banks components consumer demand deposits depositary institutions discount rate dollar economic employment Eurodollars excess reserves expansion Federal funds rate Federal Reserve System financial fiscal Forecast foreign exchange markets fourth quarter GRIGGS growth rates income inflation loan M—lB market interest rates market mutual fund measures monetary aggregates monetary base monetary growth monetary policy money and credit money growth money market mutual money stock money supply mutual fund shares nonborrowed reserves number of Banks number of days old M-2 open market operations percent period problem productivity rate of growth reduce repurchase agreements required reserves reserve aggregates reserve requirements reserve target restraint savings seasonally adjusted sector Senator STEVENSON specific spending target range there’s thrift institutions total reserves wage