• Embed Doc
  • Copy Link
  • Readcast
  • Collections
  • CommentGo Back
Download
 
PREFATORY NOTE
These transcripts have been produced from the original raw
transcripts in the FOMC Secretariat's files. The Secretariat has
lightly edited the originals to facilitate the reader's understanding.
Where one or more words were missed or garbled in the transcription,
the notation "unintelligible" has been inserted. In some instances,
words have been added in brackets to complete a speaker's thought or
to correct an obvious transcription error or misstatement.
Errors undoubtedly remain. The raw transcripts were not
fully edited for accuracy at the time they were produced because they
were intended only
as
an
aid
to the Secretariat in preparing the
records of the Committee's policy actions. The edited transcripts
have not been reviewed by present or past members of the Committee.
Aside from the editing to facilitate the reader's
understanding, the only deletions involve a very small amount of
confidential information regarding foreign central banks, businesses.
and persons that are identified or identifiable. Deleted passages are
indicated by gaps in the text. All information deleted in this manner
is exempt from disclosure under applicable provisions of the Freedom
of Information Act.
 
-
eetinc of the Federal Open Market Committee
A
meeting of the Federal Open Market Committee was held in
the offices of the Board of Governors of the Federal Reserve System in
Washington, D.C., on Tuesday, December
17.
1991.
at
9:00
a.m.
PRESENT:
Mr. Greenspan, ChairmanMr. Corrigan. Vice ChairmanMr. Angel1Mr. Black
Mr.
ForrestalMr. KeehnMr. KelleyMr. LaWareMr. LindseyMr. MullinsMr. ParryMs. PhillipsMessrs. Hoenig. Melzer. and Syron. Alternate
Members of the Federal Open Market Committee
Messrs. Boehne. McTeer. and Stern, Presidents
of
the Federal Reserve Banks
of
Philadelphia.
Dallas, and Minneapolis, respectively
Mr. Kohn, Secretary and Economist
Mr
.
Bernard, Deputy Secretary
Mr. Coyne. Assistant Secretary
Mr.Gillum. Assistant Secretary
Mr.
Mattingly. General Counsel
Mr
.
Patrikis, Deputy General Counsel
Mr
.
Prell, Economist
Mr
.
Truman, Economist
Messrs. Beebe,.Lindsey, Promisel. Scheld.
Siegman. Simpson. Slifman. and
MS. Tschinkel. Associate Economists
Mr. Sternlight. Manager
for
Domestic Operations,System Open Market Account
 
-2-
Mr.
Ettin, Deputy Director. Division of Researchand Statistics, Board of Governors
Ms.
Low,
Open Market Secretariat Assistant,Division of Monetary Affairs, Board ofGovernor
6
Mr.
Hendricks.
First
Vice
President. Federal
Reserve
Bank
of
Cleveland
Messrs.
J.
Davis.
T.
Davis,
Ms.
Greene.
Messrs.
Lang,Rolnick. and Rosenblum, Senior Vice Presidents,Federal
Reserve
Banks
of
Cleveland. Kansas City,
New
York, Philadelphia, Minneapolis. and
Dallas.
respectively
Messrs.
Frydl. Goodfriend, and
McNees,
Vice Presidents,Federal
Reserve
Banks of
New
York. Richmond, andBoston, respectively
Mr.
Belongia. Assistant Vice President, Federal ReserveBank
of
St.
Louis
Ms.
Meulendyke. Manager, Open Market Operations, FederalReserve Bank
of
New
York
of 00

Leave a Comment

You must be to leave a comment.
Submit
Characters: ...
You must be to leave a comment.
Submit
Characters: ...