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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accounts actions adjustment agencies of foreign agency securities Agreement Corporations ahead announced assets balance bank credit bank reserves Board borrowings branches and agencies Chairman Volcker commercial banks commodity markets 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 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 problem question rate of inflation recession repurchase agreements required to maintain Senator Morgan Senator Sarbanes seven-day short run short-term tax cut total managed liabilities transactions Treasury U.S. branches U.S. government unemployment