Board of Governors of the Federal Reserve System

policy but also on the question of appropriate exchange parities. On the...policy would remain firm and thereby provide a safe haven for some of

approaches we will take in fashioning these substitutes. Thus we should...policies” so as to meet both the new minimum equity standard and the conservation

policy directive: The information reviewed at this meeting indicates that...policy of the Federal Open Market Committee to foster financial conditions

CONFIDENTIAL (FR) CURRENT ECONOMIC COMMENT BY DISTRICT Prepared for the Federal Open Market Committee by the Staff September 29, 1982 TABLE OF

policy were implemented for a day or so through open market operations...policy of allowing dis- count rates to feed through most of the time to

and, hence, should limit the ability of Wachovia to abuse the deconsolidate-and-deduct...deconsolidate-and- deduct approach to risk-based capital requirements

holes, hole punches, and other blemishes caused after initial printing...policy easings. Even abstracting from such special factors, underlying

policy for 1988 was approved by the Committee: The Federal Open Market...approach to open market operations remains appropriate; still sensitive

holes, hole punches, and other blemishes caused after initial printing

policy statements be tabled in order that everyone might have an opportunity...and he understood from Mr. Hayes that they were so intended--then he would