Federal Open Market Committee; Domestic Policy Directive of January 25-26, 2011, 10364 [2011-4124]

Download as PDF 10364 Federal Register / Vol. 76, No. 37 / Thursday, February 24, 2011 / Notices Board of Governors of the Federal Reserve System, February 17, 2011. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. 2011–4053 Filed 2–23–11; 8:45 am] BILLING CODE 6210–01–P 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, February 17, 2011. William B. English, Secretary, Federal Open Market Committee. FEDERAL RESERVE SYSTEM Federal Open Market Committee; Domestic Policy Directive of January 25–26, 2011 In accordance with Section 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 January 25–26, 2011.1 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 from 0 to 1⁄4 percent. The Committee directs the Desk to execute purchases of longer-term Treasury securities in order to increase the total face value of domestic securities held in the System Open Market Account to approximately $2.6 trillion by the end of June 2011. The Committee also directs the Desk to reinvest principal payments from agency debt and agency mortgagebacked securities in longer term Treasury securities. The System Open Market Account Manager and the Secretary will keep the Committee informed of ongoing developments [FR Doc. 2011–4124 Filed 2–23–11; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES [30-day notice] Agency Information Collection Request. 30-Day Public Comment Request, Grants.gov Office of the Secretary, HHS. In compliance with the requirement of section 3506(c)(2)(A) of the Paperwork Reduction Act of 1995, the Office of the Secretary (OS), Department of Health and Human Services, is publishing the following summary of a proposed collection for public comment. Interested persons are invited to send comments regarding this burden estimate or any other aspect of this collection of information, including any of the following subjects: (1) The necessity and utility of the proposed information collection for the proper performance of the agency’s functions; (2) the accuracy of the estimated burden; (3) ways to enhance the quality, utility, and clarity of the information to be collected; and (4) the use of automated collection techniques or AGENCY: other forms of information technology to minimize the information collection burden. To obtain copies of the supporting statement and any related forms for the proposed paperwork collections referenced above, e-mail your request, including your address, phone number, OMB number, to Ed.Calimag@hhs.gov, or call the Reports Clearance Office on (202) 205–1193. Send written comments and recommendations for the proposed information collections within 30 days of this notice directly to the Grants.gov OMB Desk Officer; faxed to OMB at 202–395–6974. Proposed Project: The SF–424D Assurances—Construction Programs— OMB No. 4040–0009—Reinstatement with Change-Grants.gov Office. Abstract: Grants.gov is requesting OMB approval to reinstate with change the previously approved the SF–424D Assurances—Construction Programs (SF–424D) form (4040–0009) for three years. The change will be to the legal citations which have been updated to reflect changes in location within the United States Code. The ‘‘Trafficking Victims Protection Act of 2000 (Section 106)’’, as amended (22 U.S.C. 7104 (g) has been added in Section 19. The SF–424D is used to provide information on required assurances when applying for construction Federal grants. The Federal awarding agencies use information reported on the form for the evaluation of award and general management of Federal assistance program awards. The only information collected on the form is the applicant signature, title and date submitted. ESTIMATED ANNUALIZED BURDEN TABLE SF–424D number of annual respondents emcdonald on DSK2BSOYB1PROD with NOTICES Agency CNCS ............................................................... COMMERCE .................................................... DHS .................................................................. DOD ................................................................. DOE ................................................................. DOI ................................................................... DOL .................................................................. DOT .................................................................. ED .................................................................... EPA .................................................................. HHS .................................................................. HUD ................................................................. IMLS ................................................................. NARA ............................................................... NASA ............................................................... NEA .................................................................. 1 Copies of the Minutes of the Federal Open Market Committee at its meeting held on January 25–26, 2011, which includes the domestic policy VerDate Mar<15>2010 18:02 Feb 23, 2011 Jkt 223001 Number of responses per respondent 0 1908 1421 1 0 77 0 55 0 0 52 0 0 0 0 0 Total annual responses 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 directive issued at the meeting, are available upon request to the Board of Governors of the Federal Reserve System, Washington, DC 20551. The PO 00000 Frm 00045 Fmt 4703 Sfmt 4703 Average burden on respondent per response in hours 0 1908 1421 1 0 77 0 55 0 0 52 0 0 0 0 0 Total burden hours 30/60 30/60 30/60 30/60 30/60 30/60 30/60 30/60 30/60 30/60 30/60 30/60 30/60 30/60 30/60 30/60 minutes are published in the Federal Reserve Bulletin and in the Board’s Annual Report. E:\FR\FM\24FEN1.SGM 24FEN1 0 954 711 1 0 39 0 28 0 0 26 0 0 0 0 0

Agencies

[Federal Register Volume 76, Number 37 (Thursday, February 24, 2011)]
[Notices]
[Page 10364]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-4124]


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FEDERAL RESERVE SYSTEM


Federal Open Market Committee; Domestic Policy Directive of 
January 25-26, 2011

    In accordance with Section 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 January 25-26, 2011.\1\
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    \1\ Copies of the Minutes of the Federal Open Market Committee 
at its meeting held on January 25-26, 2011, 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, DC 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 from 0 to \1/4\ percent. The Committee directs the 
Desk to execute purchases of longer-term Treasury securities in order 
to increase the total face value of domestic securities held in the 
System Open Market Account to approximately $2.6 trillion by the end of 
June 2011. The Committee also directs the Desk to reinvest principal 
payments from agency debt and agency mortgage-backed securities in 
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, February 17, 
2011.
William B. English,
Secretary, Federal Open Market Committee.
[FR Doc. 2011-4124 Filed 2-23-11; 8:45 am]
BILLING CODE 6210-01-P
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