Federal Open Market Committee; Domestic Policy Directive of December 11-12, 2012, 2996 [2013-00716]

Download as PDF 2996 Federal Register / Vol. 78, No. 10 / Tuesday, January 15, 2013 / Notices Description: In accordance with Section 1104(b) of Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as amended, notice is hereby given that the Appraisal Subcommittee (ASC) will meet in closed session: Location: OCC—400 7th Street SW., Washington, DC 20024. Date: January 23, 2013. Time: Immediately following the ASC open session. Status: Closed. Matters To Be Considered December 12, 2012 minutes–Closed Session. Preliminary discussion of State Compliance Reviews. Dated:January 10, 2013. James R. Park, Executive Director. [FR Doc. 2013–00697 Filed 1–14–13; 8:45 am] BILLING CODE P FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Formations of, Acquisitions by, and Mergers of Bank Holding Companies; Correction Correction srobinson on DSK4SPTVN1PROD with This notice corrects a notice (FR Doc. 2013–00331) published on page 2273 of the issue for Thursday, January 10, 2013. Under the Federal Reserve Bank of Kansas City heading, the entry for Whitewater Bancshares, Inc., Whitewater, Kansas, is revised to read as follows: A. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. The Donald L. Patry Revocable Trust, Ellen M. Patry Revocable Trust, and Ellen Patry, trustee, all of Newton, Kansas; Corey and Cynthia Patry, Wichita, Kansas; Brandon Patry, and Katie Patry, both of Valley Center, Kansas, as a group acting in concert, to retain control of Whitewater Bancshares, Inc., parent of Bank of Whitewater, both in Whitewater, Kansas. Comments on this application must be received by January 25, 2013. Dated: Board of Governors of the Federal Reserve System January 10, 2013. Margaret McCloskey Shanks, Deputy Secretary of the Board. [FR Doc. 2013–00664 Filed 1–14–13; 8:45 am] BILLING CODE 6210–01–P VerDate Mar<15>2010 17:00 Jan 14, 2013 Jkt 229001 FEDERAL RESERVE SYSTEM Federal Open Market Committee; Domestic Policy Directive of December 11–12, 2012 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 December 11–12, 2012.1 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 complete the maturity extension program it announced in June to purchase Treasury securities with remaining maturities of 6 years to 30 years with a total face value of about $267 billion by the end of December 2012, and to sell or redeem Treasury securities with remaining maturities of approximately 3 years or less with a total face value of about $267 billion. Following the completion of this program, the Committee directs the Desk to resume its policy of rolling over maturing Treasury securities into new issues. From the beginning of January, the Desk is directed to purchase longerterm Treasury securities at a pace of about $45 billion per month. The Committee directs the Desk to maintain its existing policy of reinvesting principal payments on all agency debt and agency mortgage-backed securities in the System Open Market Account in agency mortgage-backed securities. The Desk is also directed to continue purchasing agency mortgage-backed securities at a pace of about $40 billion per month. The Committee directs the Desk to engage in dollar roll and coupon swap transactions as necessary to facilitate settlement of the Federal Reserve’s agency MBS transactions. 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. 1 Copies of the Minutes of the Federal Open Market Committee at its meeting held on December 11–12, 2012, 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. PO 00000 Frm 00058 Fmt 4703 Sfmt 4703 By order of the Federal Open Market Committee, January 8, 2013. William B. English, Secretary, Federal Open Market Committee. [FR Doc. 2013–00716 Filed 1–14–13; 8:45 am] BILLING CODE 6210–01–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Centers for Disease Control and Prevention Meeting of the Community Preventive Services Task Force (Task Force) Centers for Disease Control and Prevention (CDC), Department of Health and Human Services (HHS). ACTION: Notice of meeting. AGENCY: The Centers for Disease Control and Prevention (CDC) announces the next meeting of the Community Preventive Services Task Force (Task Force). The Task Force is independent and nonfederal. Its members are nationally known leaders in public health practice, policy, and research, and are appointed by the CDC Director. The Task Force was convened in 1996 by the Department of Health and Human Services (HHS) to assess the effectiveness of community, environmental, population, and healthcare system interventions in public health and health promotion. During this meeting, the Task Force will consider the findings of systematic reviews and issue findings and recommendations to help inform decision making about policy, practice, and research in a wide range of U.S. settings. The Task Force’s recommendations, along with the systematic reviews of the scientific evidence on which they are based, are compiled in the Guide to Community Preventive Services (Community Guide). DATES: The meeting will be held on Wednesday, February 20, 2013 from 8:30 a.m. to 5:30 p.m., EST and Thursday, February 21, 2013 from 8:30 a.m. to 1:00 p.m. EST. Logistics: The Task Force Meeting will be held at the Emory Conference Center at 1615 Clifton Road, Atlanta, GA 30329. Information regarding logistics will be available Wednesday, January 23, 2013 on the Community Guide Web site (www.thecommunityguide.org). FOR FURTHER INFORMATION CONTACT: Andrea Baeder, The Community Guide Branch, Epidemiology and Analysis Program Office, Office of Surveillance, Epidemiology, and Laboratory Services, Centers for Disease Control and Prevention, 1600 Clifton Road, MS–E– SUMMARY: E:\FR\FM\15JAN1.SGM 15JAN1

Agencies

[Federal Register Volume 78, Number 10 (Tuesday, January 15, 2013)]
[Notices]
[Page 2996]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-00716]


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FEDERAL RESERVE SYSTEM


Federal Open Market Committee; Domestic Policy Directive of 
December 11-12, 2012

    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 December 11-12, 2012.\1\
---------------------------------------------------------------------------

    \1\ Copies of the Minutes of the Federal Open Market Committee 
at its meeting held on December 11-12, 2012, 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 complete the maturity extension program it announced in June to 
purchase Treasury securities with remaining maturities of 6 years to 30 
years with a total face value of about $267 billion by the end of 
December 2012, and to sell or redeem Treasury securities with remaining 
maturities of approximately 3 years or less with a total face value of 
about $267 billion. Following the completion of this program, the 
Committee directs the Desk to resume its policy of rolling over 
maturing Treasury securities into new issues. From the beginning of 
January, the Desk is directed to purchase longer-term Treasury 
securities at a pace of about $45 billion per month. The Committee 
directs the Desk to maintain its existing policy of reinvesting 
principal payments on all agency debt and agency mortgage-backed 
securities in the System Open Market Account in agency mortgage-backed 
securities. The Desk is also directed to continue purchasing agency 
mortgage-backed securities at a pace of about $40 billion per month. 
The Committee directs the Desk to engage in dollar roll and coupon swap 
transactions as necessary to facilitate settlement of the Federal 
Reserve's agency MBS transactions. 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, January 8, 2013.
William B. English,
Secretary, Federal Open Market Committee.
[FR Doc. 2013-00716 Filed 1-14-13; 8:45 am]
BILLING CODE 6210-01-P
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