Federal Open Market Committee; Domestic Policy Directive of March 17 and 18, 2009, 17959 [E9-9035]

Download as PDF Federal Register / Vol. 74, No. 74 / Monday, April 20, 2009 / Notices action to approve the State of North Dakota’s request to revise its authorized public water system program under 40 CFR part 142, in accordance with 40 CFR 3.1000(f). Requests for hearings must be submitted to EPA within 30 days of publication of today’s Federal Register notice. Such requests must include the following information: (1) The name, address and telephone number of the individual, organization or other entity requesting a hearing; (2) A brief statement of the requesting person’s interest in EPA’s determination, information demonstrating why this determination should be rescinded, and any other information that the requesting person intends to submit at such hearing; and (3) The signature of the individual making the request, or, if the request is made on behalf of an organization or other entity, the signature of a responsible official of the organization or other entity. In the event a hearing is requested and accepted, EPA will provide notice of the hearing in the Federal Register not less than 15 days prior to the scheduled hearing date. Frivolous or insubstantial requests for hearing may be denied by EPA. Following such a public hearing, EPA will review the record of the hearing and issue an order either affirming today’s determination or rescinding such determination. If no timely request for a hearing is received and accepted, this action will become effective 30 days after today’s notice is published, pursuant to CROMERR section 3.1000(f)(4). Dated: April 8, 2009. Lisa Schlosser, Director, Office of Information Collection. [FR Doc. E9–9013 Filed 4–17–09; 8:45 am] BILLING CODE 6560–50–P FEDERAL ELECTION COMMISSION rmajette on PRODPC74 with NOTICES Sunshine Act Notices DATE AND TIME: Tuesday, April 21 2009, And Wednesday, April 22. 2009 At 10 a.m. PLACE: 999 E Street, NW., Washington, DC. STATUS: This meeting will be closed to the public. ITEMS TO BE DISCUSSED: Compliance matters pursuant to 2 U.S.C. 437g. Audits conducted pursuant to 2 U.S.C. 437g, § 438(b), and Title 26, U.S.C. Matters concerning participation in civil actions or proceedings or arbitration. VerDate Nov<24>2008 15:02 Apr 17, 2009 Jkt 217001 Internal personnel rules and procedures or matters affecting a particular employee. * * * * * PERSON TO CONTACT FOR INFORMATION: Judith Ingram, Press Officer, Telephone: (202) 694–1220. Mary W. Dove, Secretary of the Commission. [FR Doc. E9–8980 Filed 4–17–09; 8:45 am] BILLING CODE 6715–01–M FEDERAL RESERVE SYSTEM Federal Open Market Committee; Domestic Policy Directive of March 17 and 18, 2009 In accordance with § 271.25 of its rules regarding availability of information (12 CFR part 271), there is set forth below the domestic policy directive issued by the Federal Open Market Committee at its meeting held on March 17 and 18, 2009.1 The Federal Open Market Committee seeks monetary and financial conditions that will foster price stability and promote sustainable growth in output. To further its long–run objectives, the Committee seeks conditions in reserve markets consistent with federal funds trading in a range of 0 to 1⁄4 percent. The Committee directs the Desk to purchase GSE debt GSE–guaranteed MBS, and longer–term Treasury securities during the intermeeting period with the aim of providing support to private credit markets and economic activity. The timing and pace of these purchases should depend on conditions in the markets for such securities and on a broader assessment of private credit market conditions. The Committee anticipates that the combination of outright purchases and various liquidity facilities outstanding will cause the size of the Federal Reserve’s balance sheet to expand significantly in coming months. The Desk is expected to purchase up to $200 billion in housing–related GSE debt by the end of this year. The Desk is expected to purchase at least $500 billion in GSE–guaranteed MBS by the end of the second quarter of this year and is expected to purchase up to $1.25 trillion of these securities by the end of this year. The Committee also directs the Desk to purchase longer–term 1 Copies of the Minutes of the Federal Open Market Committee at its meeting held on March 17 and 18, 2009, which includes the domestic policy directive issued at the meeting, are available upon request to the Board of Governors of the Federal Reserve System, Washington, D.C. 20551. The minutes are published in the Federal Reserve Bulletin and in the Board’s annual report. PO 00000 Frm 00021 Fmt 4703 Sfmt 4703 17959 Treasury securities during the intermeeting period. Over the next six months, the Desk is expected to purchase up to $300 billion of longer– term Treasury securities. The System Open Market Account Manager and the Secretary will keep the Committee informed of ongoing developments regarding the System’s balance sheet that could affect the attainment over time of the Committee’s objectives of maximum employment and price stability. By order of the Federal Open Market Committee, April 9, 2009. Brian F. Madigan, Secretary, Federal Open Market Committee. [FR Doc. E9–9035 Filed 4–17–09; 8:45 am] BILLING CODE 6210–01–S GENERAL SERVICES ADMINISTRATION [OMB Control No. 3090–0262] General Services Administration Acquisition Regulation; Submission for OMB Review; Identification of Products With Environmental Attributes AGENCY: General Services Administration. ACTION: Notice of request for public comments regarding a extension to an existing OMB clearance. SUMMARY: Under the provisions of the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35), the General Services Administration will be submitting to the Office of Management and Budget (OMB) a request to review and approve a renewal of a currently approved information collection requirement regarding identification of products with environmental attributes. A request for public comments was published at 73 FR 74721, December 9, 2008. No comments were received. Public comments are particularly invited on: Whether this collection of information is necessary and whether it will have practical utility; whether our estimate of the public burden of this collection of information is accurate, and based on valid assumptions and methodology; ways to enhance the quality, utility, and clarity of the information to be collected. DATES: Submit comments on or before: May 20, 2009. FOR FURTHER INFORMATION CONTACT: Mr. Warren Blankenship, Procurement Analyst, Contract Policy Division, at telephone (202) 501–1900. ADDRESSES: Submit comments regarding this burden estimate or any other aspect E:\FR\FM\20APN1.SGM 20APN1

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[Federal Register Volume 74, Number 74 (Monday, April 20, 2009)]
[Notices]
[Page 17959]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-9035]


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FEDERAL RESERVE SYSTEM


Federal Open Market Committee; Domestic Policy Directive of March 
17 and 18, 2009

    In accordance with Sec.  271.25 of its rules regarding availability 
of information (12 CFR part 271), there is set forth below the domestic 
policy directive issued by the Federal Open Market Committee at its 
meeting held on March 17 and 18, 2009.\1\
---------------------------------------------------------------------------

    \1\[thinsp]Copies of the Minutes of the Federal Open Market 
Committee at its meeting held on March 17 and 18, 2009, which 
includes the domestic policy directive issued at the meeting, are 
available upon request to the Board of Governors of the Federal 
Reserve System, Washington, D.C. 20551. The minutes are published in 
the Federal Reserve Bulletin and in the Board's annual report.
---------------------------------------------------------------------------

    The Federal Open Market Committee seeks monetary and financial 
conditions that will foster price stability and promote sustainable 
growth in output. To further its long-run objectives, the Committee 
seeks conditions in reserve markets consistent with federal funds 
trading in a range of 0 to \1/4\ percent. The Committee directs the 
Desk to purchase GSE debt GSE-guaranteed MBS, and longer-term Treasury 
securities during the intermeeting period with the aim of providing 
support to private credit markets and economic activity. The timing and 
pace of these purchases should depend on conditions in the markets for 
such securities and on a broader assessment of private credit market 
conditions. The Committee anticipates that the combination of outright 
purchases and various liquidity facilities outstanding will cause the 
size of the Federal Reserve's balance sheet to expand significantly in 
coming months. The Desk is expected to purchase up to $200 billion in 
housing-related GSE debt by the end of this year. The Desk is expected 
to purchase at least $500 billion in GSE-guaranteed MBS by the end of 
the second quarter of this year and is expected to purchase up to $1.25 
trillion of these securities by the end of this year. The Committee 
also directs the Desk to purchase longer-term Treasury securities 
during the intermeeting period. Over the next six months, the Desk is 
expected to purchase up to $300 billion of longer-term Treasury 
securities. The System Open Market Account Manager and the Secretary 
will keep the Committee informed of ongoing developments regarding the 
System's balance sheet that could affect the attainment over time of 
the Committee's objectives of maximum employment and price stability.
    By order of the Federal Open Market Committee, April 9, 2009.

Brian F. Madigan,
Secretary, Federal Open Market Committee.
[FR Doc. E9-9035 Filed 4-17-09; 8:45 am]
BILLING CODE 6210-01-S
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