Board of Governors of the Federal Reserve System

2.2 3.6 8.7 7.5 9.3 Q4... 61.3 22.6 38.7 -2.7 .7 -4.6 6.2 8.2 5.2 1995...2.6 1.2 -5.5 .9 4.9 -2.2 Q2... 83.7 37.0 46.7 4.4 2.7 5.9 1.0 5.1 -2.1

M2 and M3 of 2-1/2 to 6-1/2 percent and 1 to 5 percent, respectively, ...2 to 8-1/2 percent for the year. For 1992, on a tentative basis, the Committee

M2 and M3 of 2-1/2 to 6-1/2 percent and 1 to 5 percent, respectively, ...2 to 8-1/2 percent for the year. For 1992, on a tentative basis, the Committee

M2 and M3 accelerated in February, but M2 appears to have leveled off ...M2 and M3 of 2-1/2 to 6-1/2 percent and 1 to 5 percent, respectively,

2 percent below its level a year earlier. Nominal retail sales in November...2 percent and 4-1/2 percent respectively. In the period since the November

2 months was accounted for by strikes. In October, however, decreases ...2 per cent annual rate in October. However, data for early November suggested

2 factors had been incorporated, indicated that retail sales had reached...2 per cent annual rate- about the same as in the first 2 months of 1969

2 negotiated--were allowed to go into effect, some of the many pending...M2) rose at a substantial rate. Growth in the bank credit proxy--daily-average

Act2 to acquire up to 24.9 percent of the voting shares of Morgan Stanley...2 12 U.S.C. § 1842. See 12 CFR 225.15. 3 As a result of acquiring Morgan

2 the moderately reduced levels of activity reached in mid-spring. Inter...2, 1954, inclusive. Copies of these reports have been placed in the files