1.3: Monetary Policy

Implement monetary policy effectively in rapidly changing economic circumstances and in an evolving financial market structure.

Other Information:

This objective will be pursued in part through the following action: • The Federal Open Market Committee will seek, through the operations of the Trading Desk at the Federal Reserve Bank of New York, to effect changes in money market conditions consistent with the longer-term objectives of policy.

Indicator(s):

Indicator:1

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