Board of Governors of the Federal Reserve System

Banks and at Foreign Banks from 8/13-8/19 0 5 10 15 20 25 30 35 40 Al ...Currency Component of M1 (s.a.) 1-Month Annualized Growth Rate January

currency component of the money stock plus (3), for all quarterly reporters...Banks plus (3) the currency component of the money stock plus (4), for

currency component of the money stock plus (3), for all quarterly reporters...Banks plus (3) the currency component of the money stock plus (4), for

Bank stocks dropped substantially, reflecting in part market perceptions...currency at a 9-1/4 percent pace, the monetary base continued to expand

Banks continued to issue large CDs at a fast clip to finance strong growth...currency, however, rebounded from the more moderate rates of August and

Banks. All the districts with the exception of New York indicated that...banks noted the sharp increases that had occurred in oil and grain prices

central determinants of investment decisions. Yet, a large body of empirical

banks, and other financial institutions. These tax increases were expected

currencies declined by about 1-1/2 percent since the last Committee meeting...currency led to a deceleration in the monetary base over February and

central banks had expressed willingness to participate in new arrangements...banks increased by an unusually large amount. Banks recently had reduced