Board of Governors of the Federal Reserve System

Opinion regarding directive Subcommittee's recommendation to modify form of Domestic Directive (PDF)

Materials relating to official sterling balances facility (PDF)

• Agreement of Participating central Banks on Main components of Sterling Balance Facility
• Correspondence on sterling balances facility agreement between the Federal Reserve and U.S. Treasury

Designation of new Directive Subcommittee (PDF)

Modification of recommendations regarding last two paragraphs of domestic policy directive (PDF)

Amendment to the Committee's Rules Regarding Availability of Information (PDF)

Government in the Sunshine Act--Issue of its applicability to the FOMC (PDF)

Recommendations regarding agency issues purchased by the Desk (PDF)

Correspondence on future monetary policy and fostering economic recovery (PDF)

Annual review of System lending of securities (PDF)

Recommendations Regarding Operations in Bankers' Acceptances (PDF)

Major Committee Documents (PDF)

Updated GNP figures based on revised Presidential tax programs (PDF)

Tables summarizing the staff's flow-of-funds projection through mid-1978 (PDF)

• Flow of Funds Projection charts

Revised staff projections for U.S. Net Exports and related items (PDF)

• U.S. Net Exports and Related Items

Statement by the President on Inflation (PDF)

On achieving growth rates for the monetary aggregates consistent with longer-run price stability (PDF)

Notation vote to increase upper limit of funds rate range to 5 1/2 percent (PDF)

Procedures for Federal Reserve System Foreign Currency Operations (PDF)

Report on Meeting of Working Party Three (WP-3) (PDF)

The Use of Repurchase Agreements for Foreign Central Banks and International Institutions (PDF)

• Pros and Cons of System Matched-Sale Purchase Transactions with Foreign Accounts

Junior Mortgages on Homes (PDF)

Projection of Inventory Valuation Adjustment (IVA) and Capital Consumption Adjustment (CCA) (PDF)

Improvements in Red Book (PDF)

Notation Vote on Raising the Federal Funds Rate (PDF)

Freedom of Information Act Request for the 1972 Memorandum of Discussion (PDF)

FOMC meeting schedule (PDF)

Analyses of Seasonal Adjustments of Unemployment Series (PDF)

• Seasonal Adjustment of Unemployment Rate and Number of Unemployed
• Seasonal Adjustment of Unemployment Insurance Data

Limit on direct lending to Treasury (PDF)

Weighting of M-1 and M-2 for 2-month operating ranges (PDF)

Impacts of Alternative Monetary Growth Rates (PDF)

Bluebook and U.S. Treasury Market Interest-Rate Forecasts (PDF)

Correspondence on velocity of M1 and M2 (PDF)

The Foundations of Economic Recovery Abroad: Summary (PDF)

FOMC meeting schedule for 1978 (PDF)

Decision on appeal of Merrill, et al. v. FOMC, affirmed lower court's decision (PDF)

Release of FOMC memoranda of discussion for 1972 (PDF)

Foreign Currency Subcommittee authorized inter-meeting transactions exceeding $400 million (PDF)

System Account sales of Bills in the Market (PDF)

Notice of Foreign Currency Subcommittee authorization to exceed intermeeting limits (PDF)

The Federal Reserve role in providing short-term investment facilities to foreign central banks and international institutions (PDF)

Correspondence from the Treasury in support of the FOMC's stand against Merrill (PDF)

Implications for Directive of Immediate Publication on Adoption (PDF)

Report on Meetings of the OECD's Economic Policy Committee and Working Party Three (November 21-23, 1977) (PDF)

Foreign Currency Subcommittee increase in intermeeting limits (PDF)

Resignation of Assistant General Counsel Tuttle (PDF)

Merrill v. Federal Open Market Committee -- Update of information Re Petition for Writ of Certiorari (PDF)

• Correspondence from the Council of Economic Advisers in support of the FOMC's stand against Merrill