Board of Governors of the Federal Reserve System

2 per cent annual rate of the second and third quarters. Prices and costs...2 price index advanced substantially even though prices of farm products

2 on Table 2 and footnote 2 on Table 3.) 3 Seasonally adjusted, break-adjusted...2, column 1) less unadjusted required reserves (Table 2, column 3). 5

2 German marks to the dollar or 50 cents per mark as a major benchmark...2 level, traders themselves became concerned over the possible consequences

.2 1" ; Actions ofthe Board, Its Staff, and the Federal Reserve Banks:....2 October 5, 1997 to October 11, 1997 ACTIONS TAKEN BY THE BOARD OF GOVERNORS

.2 1" ; Actions ofthe Board, Its Staff, and the Federal Reserve Banks:....2 October 5, 1997 to October 11, 1997 ACTIONS TAKEN BY THE BOARD OF GOVERNORS

Other2 9 24 99 over mid-size3 Large4 1995...... 2.49 .26 .19 1.48 .17 ...2.22 .18 .17 1.38 .14 .36 1.33 .48 .31 .11 1.69 .53 1997...... 2.27 .19

2- 5/11/71 Chairman Burns noted that, as Mr. Holland had advised the members

2 points, and by a broadening of expansive indications to a wider range...2- 1/11/55 -3 Prices of most finished goods at wholesale have generally

9.2 per cent in the first quarter. The preliminary estimates also indicated...4.2 per cent recorded in the first quarter. Staff projections continued

2- a better position than others to deal with a liquidity shortage. Moreover...M2 growth at about a 10 percent rate modestly exceeded the 9 percent path