Board of Governors of the Federal Reserve System

economic crises. The Federal Reserve System has closely monitored housing...indirect—of the crises on neighborhoods and their residents. Fed staff

economic and credit situation, illustrated by chart slides. A copy of ...economic review, there was a discussion of the out look, including reference

economic outlook 4 8.7 0 0.0 4 14.8 13 28.3 7 36.8 6 22.2 29 63.0 12 63.2

economic developments and their relationship to Federal Reserve policies...economic activity and prospects for further expansion supported the steps

economic and financial developments along the lines of a staff memorandum...economic activity seemed to be slowing down, although some further decrease

summary of findings and policy implications..............................summary...............................................................

economic activity was at a high, probably close to record, level. Little...economic activity and employment by providing re serves needed for moderate

Balance-of-payments data reflected continuation of the im provement in...economic forces had appeared. The general situation in regard to economic

economic activity and trade. To help further in meeting seasonal needs...economic activity and the availa bility of resources to permit further

economic activity and trade. To help further in meeting seasonal needs...economic policy directive was changed to delete, as no longer needed,