The Money Market and Monetary Management

acceptances amount assets balance bank reserves bankers billion Board of Governors bonds borrowed reserves brokers budget cash changes commercial banks commercial paper commercial-paper Congress consumer corporate currency dealers debt management decline deficit demand deposits discount rate dollar economic effective employment Eurodollar excess reserves expenditures federal debt Federal funds Federal Reserve Act Federal Reserve Bank Federal Reserve Bulletin Federal Reserve policy Federal Reserve System finance fiscal policies growth income increase inflationary interest rates issues legal-reserve requirements liquidity loans and investments long-term MARKET AND MONETARY maturities member banks member-bank reserves midyear monetary and fiscal MONETARY MANAGEMENT monetary policy MONEY MARKET open-market operations outstanding payments percent period price inflation price level production purchase recession reduced regulation repurchase agreements reserve money reserve position reserve requirements rise savings short-term stability surplus transactions Treasury bills Treasury securities U.S. securities yield curves yields York