Board of Governors of the Federal Reserve System

remained relatively restrained over the course of recent months and wage...remained quite strong, with gains in nearly all categories. Capacity utilization

remained in the lower part of the narrow range that had prevailed since...remained about in line with the growth of sales. In the retail sector,

remained tight, and the unemployment rate edged down to 3.4 per cent from...remain under substantial restraint. With respect to the U.S. balance of

remain about unchanged in the fourth quarter, partly because of the effects...remained near the high level of the second quarter as a result of substantial

remained high. Growth in real GNP was expected to slow in the current ...remained near the February level. Apart from fluctuations related to the

remained about unchanged and the unemployment rate edged up to 6.1 from...remained well below the gain recorded in the first quarter. The staff

remained near the high level reached in February. However, the unemployment

remained at the reduced level of October. Wholesale prices of industrial...remained moderate, as growth in most other types of loans slowed further

A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington

remained small. There were widespread increases in wholesale prices of...remain at the fourth-quarter level. The projections also implied that