Board of Governors of the Federal Reserve System

Policy Strategy .........................................................and, in the absence of the chairman and the vice chairman of the Com-

Treasury operations in foreign currencies for the period March 9 through...and thereby highlighting the credit policy dilemma in which most of the

Yields on long-term securities are still above those of late 1958 but ...fiscal and monetary policy. If this Committee could act only at intervals

and, thus, may have boosted local noneducation employment. In the household

Treasury bills and, in that connection, he read the following paragraph...yields several basis points above nearby regular issues, so that on a

Treasury is providing $10 billion as credit protection to the FRBB.  ...Treasury. https://www.federalreserve.gov/monetarypolicy/mmlf.htm 4 D.

Treasury securities with remaining maturities of 6 years to 30 years at...Treasury securities with remaining maturities of approximately 3 years

fiscal year. Unified budget outlays of $457 billion in fiscal year 1978...FISCAL POLICY * Tax cut of $25 billion in FY 1979 * Unified budget expenditures

policies and, through changes in conditions of credit availability and...concern with reserves as an operational target, the market would most

and their subsidiaries) subject to the jurisdiction of the Federal Banking...Treasury may by order or regulation exempt any bank or type of account