Board of Governors of the Federal Reserve System

policy. The kind of policy revision which he visualized would, in Mr. ...approaching offerings of new issues of Treasury secu rities, thereby implying

policy. The kind of policy revision which he visualized would, in Mr. ...approaching offerings of new issues of Treasury secu rities, thereby implying

policy had contributed about as much as it could to domestic economic ...and, according to tentative and partial figures, in the first half of

policy calling for any lesser degree of monetary ease. June 21, 1962 Authority

policy calling for any lesser degree of monetary ease. June 21, 1962 Authority...policy. The consensus, how ever, was for continuation of the degree of

policy and that the move should now be reversed. 2. Authority to purchase...policy of greater monetary ease as a means of stimulating domestic economic

policy. Accordingly, the following current policy directive, which reflected...policy. Recent policy, therefore, implicitly denied the need for the money

policy takes into account, on the one hand, the gradualness of recent ...policy. Recent policy, therefore, implicitly denied the need for the money

policy directive issued to the Federal Reserve Bank of New York was as...policy for the next 3 weeks. This policy contemplated that reserves needed

policy seemed called for on that account. Economic and financial tendencies...policy at this meeting, although the Committee should be prepared to deal