Board of Governors of the Federal Reserve System

policy actions taken by the Federal Open Market Committee at its meeting...POLICY ACTIONS OF THE FEDERAL OPEN MARKET COMMITTEE Meeting held on May

policy actions taken by the Federal Open Market Committee at its meeting...POLICY ACTIONS OF THE FEDERAL OPEN MARKET COMMITTEE Meeting held on June

and the trade balance slipped back into deficit after having been in small...and in the week ending July 6 trading was character ized by large and

policy actions taken by the Federal Open Market Committee at its meeting...and the balance on goods and services moved into surplus for the first

and growth in other types of loans remained strong. Banks continued to...and the more broadly defined money stock (M2)3/ grew at a slightly higher

and, among other things, benchmark adjustments for deposits at nonmember...and, consequently, to an easing in money market con ditions. Later, however

policy actions taken by the Federal Open Market Committee at its meetings...and that the expansion in business fixed invest ment would be somewhat

and that the rise in the GNP implicit deflator had accelerated to an annual...and member bank borrowings declined to an average of about $1,010 million

and the average workweek in manu facturing also declined considerably....and, along with a large increase in U.S. Government deposits, contributed

policy actions taken by the Federal Open Market Committee at its meeting...and that the GNP implicit deflator was still rising at a rapid rate. Staff