Results 1 - 1 of 1 for PRIME [Author: Anatol Balbach]
The Federal Open Market Committee in 1973 - Review
At all but one meeting throughout the first eight months of 1973, the Federal Open Market Committee (FOMC) issued a directive calling for slower growth in monetary aggregates. During the last two meetings of the year, with information on the likely consequence of the oil shortage continuing to be assessed, the Committee sought “to achieve some easing in bank reserve and money market conditions.”
research.stlouisfed.org/.../review/1974/04/01/the-federal-open-market-committee-in-1973
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