Board of Governors of the Federal Reserve System

Currency M1 - Currency plus demand deposits M2 - M1 plus time deposits...BANK THRIFT TIME & INSTIT- DATE CURRENCY DEMAND SAVINGS UTION CDS SAVIN

currencies have risen the most against the dollar) figure most prominantly...currencies have risen much less against the dollar or for which quantitative

currency operations on such operations since the meeting of the Federal...Bank of New York. (Copy of October 22, 1963, directive attached.) 7. Discussion

currency operations on such operations since the meeting of the Federal...Bank of New York. (Copy of September 10, 1963, directive attached.) 7.

Bank of New York covering transactions in the System Open Market Account...currencies. 8. Confirmation of date and time for next meeting of Committee

central bank’s designated basket of currencies, and it has depreciated...central bank’s 2 - 4 - percent target--and scope for additional monetary

bank reserve positions as better near-term objectives to guide theman-...central bank- ers would have to raise the discount rate more than the

central issue of whether lagged reserve accounting does or does not contribute...Bank personnel who are in close contact with member banks. In an effort

Bank of New York covering transactions in the System Open Market Account...currencies. A memorandum on this subject was distributed under date of

central challenges for contemporary macroeconomics is adapting the core...inter-bank market for credit among retail banks, it did not feature banks