Board of Governors of the Federal Reserve System

balance was raised in September by a sharp acceleration of export shipments...balance of payments. To implement this policy, the Committee seeks to

balance of payments deficit on the official settlements basis has been...balance of payments. To implement this policy, while taking account of

balance worsened in May as import prices rose sharply further, but the...balance of payments. To implement this policy, while taking account of

balance of payments was in deficit on the official settlements basis. ...balance of payments. To implement this policy, while taking account of

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

balances, as a consequence of high Treasury balances resulting from quarterly...balances, Don and I will be considering a number of ideas to ensure that

Seal of Board of Governors of the Federal Reserve System BOARD • F GOVERNORS OF THE FEDERAL RESERVE SYSTEM WASHINGTON, D. C.20551 A D D R E S S OFFICIAL

balance, since the end of last year, while spending on nondurable goods

balances of the ESF and, therefore, both the System and the ESF now exclusively...balances of the ESF and the System. The System's currency breakdown has

balance. The U.S. merchandise trade deficit widened in the second quarter...balance, remained at high levels as the extraordinary surge of late spring