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Monetary Policy: Recent Changes and Current Conditions (CRS Report for Congress)

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Release Date July 1, 1982
Report Number IB81062
Authors David D. Driscoll, Economics Division
Source Agency Congressional Research Service
Summary:

This issue brief summarizes the current status of monetary conditions andpolicy. It also describes the process through which Congress overseesmonetary policy, the recent changes in the financial system which affectmonetary policy, and the October 1979 changes in Federal Reserve operatingprocedures. Additional references cite congressional documents and othermaterials which examine current monetary policy developments and CRSdocuments which review monetary policy since 1979 and analyze various policyissues.