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1973 Memos
January 3
Date of March FOMC meeting (PDF)
January 5
Final report of the ad hoc staff committee appointed to review the open market committee's By-laws, Rules, and Regulation (PDF)
Final Report on Committee's Rules and Regulation
Report of Staff Committee on FOMC By-Laws, Rules and Regulation
Federal Open Market Committee: Regulation Relating to Open Market Operations of Federal Reserve Banks
Federal Open Market Committee: Rules Regarding Availability of Information
Sources of the provisions of proposed new FOMC Rules of Organization, Rules of Procedure, and Regulation
Disposition of provisions of existing FOMC By-Laws, Rules of Organization, Rules of Procedure, and Regulation
January 17
Transmittal of approved changes to FOMC By-Laws, Rules, and Regulation (PDF)
Open Market Operations of Federal Reserve Banks: Revision of Regulation
Federal Open Market Committee: Rules of Organization
Rules Regarding Availability of Information
January 22
Safeguarding the Confidentiality of FOMC Information (PDF)
Market Tone, Reserve Position Displacing Money Stock as Main Objectives for Monetary Policy
Continued 4 1/2 Percent Discount Rate is Dependent on Total Borrowing at Fed in Next 2 Weeks
January 23
March FOMC meeting date (PDF)
March 1
Notation Vote to raise upper limit of funds rate to 7 percent (PDF)
March 7
SEC proposal to revise their net capital rule (PDF)
March 12
Proposed changes in titles of Committee policy instruments and amendments to Foreign Currency Authorization (PDF)
March 12
Proposed revisions in guidelines for System operations in agency issues (PDF)
March 12
Recommendation that Committee establish positions of Deputy Manager and Deputy Special Manager (PDF)
March 16
Foreign Official Holdings of United States Treasury Debt--Issues and Problems (PDF)
April 9
Review of System Lending of Securities (PDF)
April 23
Report on banks' operations during exchange market crisis preceding February 12 devaluation (PDF)
May 8
FOMC Counsel positions (PDF)
May 10
Reserve Requirements on CD's, Eurodollars, and related proposals (PDF)
June 11
Review of RPD Experiment (PDF)
June 12
Formation of a Subcommittee to analyze the publication of quantitative specifications relating to the domestic open market policy directive (PDF)
Legal aspects of publication of quantitative specifications relating to the domestic open market policy directive
June 18
Election of secretary for the FOMC (PDF)
July 2
Disposition of contingent Committee action of June 29, 1973 (PDF)
July 12
Aggressive Bank Contacts: Follow-up (PDF)
July 19
Subcommittee on Directive (PDF)
August 13
First Report of the Staff Committee on Lagged Reserve Accounting (PDF)
August 14
Proposed actions with respect to bankers' acceptances (PDF)
Revocation of Regulations B and C regarding bank acceptances
September 5
Insert for June 27, 1973, JEC transcript, on problems of controlling the money supply (PDF)
September 11
FOMC meeting schedule for 1974 (PDF)
September 19
Staff committee on bankers' acceptances (PDF)
September 20
Views on lagged reserve accounting (PDF)
October 3
Dealer association request for a broadening of System security lending (PDF)
October 12
Legal aspects of publications of quantitative specifications relating to the domestic open market policy directive (PDF)
Legal aspects of publications of quantitative specifications relating to the domestic open market policy directive
October 23
FOMC member contacts with Trading Desk (PDF)
November 15
FOMC Policy Records (PDF)
Note on potential misinterpretations of Committee's 6-month targets for monetary aggregates
November 28
FOMC meeting dates (PDF)
December 3
Chairman Burns informed Under Secretary Volcker that the expiration of the debt ceiling legislation halted any new debt creation (PDF)
December 10
FOMC Meeting Dates (PDF)
December 11
FOMC Policy Records (PDF)
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Last Update:
January 06, 2021