TITLE

FOMC Seeks Alternate To Using Treasuries

AUTHOR(S)
Floyd, Daniel F.
PUB. DATE
March 2001
SOURCE
Bond Buyer;03/23/2001, Vol. 335 Issue 31103, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Details the Federal Open Market Committee meeting held on January 30-31, 2001, wherein members noted that the United States Federal Reserve's reliance on Treasury Security purchases to implement monetary policy might be difficult to maintain. Committee suggestion to look for alternative instruments for the conduct of monetary policy; Agreement to study ways of diversifying the Federal Reserve's portfolio.
ACCESSION #
4277755

 

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