Board of Governors of the Federal Reserve System

price exists; (ii) the potential impact of section 619's restrictions

prices in the long-term Government security market had eased and, although...prices and production. While a period of healthy readjustment appeared

prices from the high levels reached in 1948 had been relatively small,...and, therefore, would have a substantial easing influence on the money

and, therefore, would have a substantial easing influence on the money...and, because of supporting factors in the economy with high levels of

The Board of Governors of the Federal Reserve System today approved an...The Board is also prepared to request the Congress for additional authority

prices designed to discourage cash redemption by the holders of the maturing...prices) than were purchases of the maturing issues. The System's total

and, FEDERAL RESERVE SYSTEM 103 frbuser Rectangle frbuser Rectangle 104...prices but after a few days System purchases were reduced and prices of

prices had been relatively stable. It was not evident whether there soon...and, therefore, action was taken to renew without modification the directive

pricing of AFS securities could result in large swings in capital ratios

the Committee's) longer-run goal, directors did not note a change in longer-term...price stability. Today, Board members considered the primary credit rate