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Federal Reserve Bank of Cleveland
Economic Commentary
Humphrey-Hawkins: the July monetary policy report
William T. Gavin
John N. McElravey
Abstract

A review of the Federal Reserve System's July 1988 Monetary Policy Report to Congress, indicating a decline in the role of monetary aggregates in the policy process and including the Federal Open Market Committee's projection of economic conditions.


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William T. Gavin & John N. McElravey, "Humphrey-Hawkins: the July monetary policy report" , Federal Reserve Bank of Cleveland, Economic Commentary, issue Aug, 1988.
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Keywords: Full Employment and Balanced Growth Act of 1978 ; Monetary policy - United States
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