1979 Memos
January 15

Notation vote on a temporary increase in the intermeeting limit in System holdings specified in paragraph 1(a) (PDF)

January 26

Notation vote on a temporary increase in the intermeeting limit in System holdings specified in paragraph 1(a) (PDF)

January 29

Committee approved a temporary increase in the intermeeting limit in System holdings specified in paragraph 1(a) (PDF)

January 30

Further Recommendations on FOMC Procedures to Implement the Humphrey-Hawkins Act (PDF)

February 23

Annual Report to Congress on Freedom of Information Act for Year 1978 (PDF)

March 1

Working Party Three (WP-3) Report (PDF)

March 6

The Full Employment Surplus (PDF)

March 13

Annual Review of System Lending of Securities (PDF)

March 14

Limits on foreign currency operations (PDF)

March 29

Notation vote on raising the ceiling for Federal Reserve Bank holdings of special short-term certificates (PDF)

April 1

Errors in Bluebook Forecasts of M1 and M2 (PDF)

April 3

Foreign Currency Subcommittee suspended the daily limit in the System's position in all and single foreign currencies (PDF)

April 6

Foreign Currency Subcommittee suspended the daily limit in the System's position in all and single foreign currencies (PDF)

April 19

Price Adjusted Exchange Rate Indices (PDF)

May 9

Notation vote to alter authorization for foreign currency operations due to the System's imbalance in Swiss francs (PDF)

May 11

Notation vote to continue the current objective for the federal funds rate (PDF)

May 18

Foreign Currency holdings (PDF)

May 25

Attached projection tables; GNP, prices, unemployment (PDF)

June 22

Intervention in German marks and suspension of the daily limit in the System's position in all and single foreign currencies (PDF)

June 28

Foreign Currency Subcommittee suspended the daily limit in the System's position in all and single foreign currencies (PDF)

July 3

The Mexican Swap Line (PDF)

July 5

Riegle v. FOMC et. Al, USDC DC Action No 79-1703 (Filed July 2, 1979) (PDF)

July 10

Potential exchange-market impact of a lowering of the Fed-funds rate target (PDF)

August 7

Correspondence on the System's swap arrangement with the Bank of Mexico (PDF)

August 8

Implementation of the New Legislation on Direct Treasury Borrowing from the Federal Reserve (PDF)

August 10

Proposed Increase in Swap Arrangement with the Bank of Mexico (PDF)

August 16

Impact of the Automatic Stabilizers on the Fiscal Year 1980 Budget (PDF)

August 29

Tentative FOMC Meeting Schedule (PDF)

September 7

Suspension of Daily Limits in Foreign Currencies by Foreign Currency Subcommittee (PDF)

September 11

Questions on Market Value and Average Maturity of System Portfolio (PDF)

  • Response to Questions Raised at the August FOMC Meeting Regarding the System's Securities Portfolio

September 12

Review of System Lending of Securities (PDF)

September 13

Suspension of Daily Limits in Foreign Currencies by Foreign Currency Subcommittee (PDF)

September 19

Suspension of Daily Limits in a Single Foreign Currency by Foreign Currency Subcommittee (PDF)

September 20

Suspension of Daily Limits in Foreign Currencies by Foreign Currency Subcommittee (PDF)

September 21

German Monetary Policy (PDF)

September 21

Suspension of Daily Limits in Foreign Currencies by Foreign Currency Subcommittee (PDF)

September 27

Tentative schedule for a meeting on revised definitions of monetary aggregates (PDF)

September 27

Delegation of responsibility for appeals of denials of access to FOMC records (PDF)

October 2

Revised Proposals for the Monetary Aggregates (PDF)

October 3

FOMC Meeting Schedule (PDF)

October 4

Proposal for reserve aggregates as guide to open market operations (PDF)

October 10

Cancellation of conference call on October 16 (PDF)

October 19

Proposed renewal of two German Federal Bank swap drawings (PDF)

October 29

Riegle v. Federal Open Market Committee, et al (PDF)

December 4

Desk sold German marks because of the situation in Iran (PDF)

December 5

Release of FOMC memoranda of discussion for 1974 (PDF)

  • Passage recommended for deletion when FOMC memoranda of discussion for 1974 are initially released

December 12

Notification of next regular meeting, January 9, 1980 (PDF)

December 18

The Bundesbank's Foreign Exchange Swaps: Recent Experience (PDF)

December 19

Concurrence on Iran and bankers acceptances (PDF)

December 20

Notation Vote to Increase Intermeeting Reserves Limit (PDF)

December 28

Proposed renewal of two German Federal Bank swap drawings (PDF)

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Last Update: November 29, 2021