Federal Open Market Committee; Domestic Policy Directive of September 16-17, 2014, 62618 [2014-24832]

Download as PDF 62618 Federal Register / Vol. 79, No. 202 / Monday, October 20, 2014 / Notices Bank, National Association, Rocky Mount, Virginia. B. Federal Reserve Bank of Dallas (E. Ann Worthy, Vice President) 2200 North Pearl Street, Dallas, Texas 75201– 2272: 1. Park Cities Financial Group, Inc., Dallas, Texas; to become a bank holding company by acquiring 100 percent of the voting shares of CU Bank Shares, Inc., and thereby indirectly acquire Town North Bank, National Association, both in Dallas, Texas. Board of Governors of the Federal Reserve System, October 15, 2014. Michael J. Lewandowski, Associate Secretary of the Board. and agency mortgage-backed securities in agency mortgage-backed 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, October 9, 2014. William B. English, Secretary, Federal Open Market Committee. [FR Doc. 2014–24832 Filed 10–17–14; 8:45 am] BILLING CODE 6210–01–P [FR Doc. 2014–24900 Filed 10–17–14; 8:45 am] BILLING CODE 6210–01–P FEDERAL RETIREMENT THRIFT INVESTMENT BOARD FEDERAL RESERVE SYSTEM Sunshine Act; Notice of Meeting Federal Open Market Committee; Domestic Policy Directive of September 16–17, 2014 TIME AND DATE: tkelley on DSK3SPTVN1PROD with NOTICES 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 September 16–17, 2014.1 Consistent with its statutory mandate, the Federal Open Market Committee seeks monetary and financial conditions that will foster maximum employment and price stability. In particular, 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 undertake open market operations as necessary to maintain such conditions. Beginning in October, the Desk is directed to purchase longer-term Treasury securities at a pace of about $10 billion per month and to purchase agency mortgage-backed securities at a pace of about $5 billion per month. The Committee also directs the Desk to engage in dollar roll and coupon swap transactions as necessary to facilitate settlement of the Federal Reserve’s agency mortgage-backed securities transactions. The Committee directs the Desk to maintain its policy of rolling over maturing Treasury securities into new issues and its policy of reinvesting principal payments on all agency debt 1 Copies of the Minutes of the Federal Open Market Committee at its meeting held on September 16–17, 2014, 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. VerDate Sep<11>2014 16:28 Oct 17, 2014 Jkt 235001 8:30 a.m. October 27, 2014. 10th Floor Board Meeting Room, 77 K Street, NE., Washington, DC 20002. PLACE: Parts will be open to the public and parts closed to the public. STATUS: MATTERS TO BE CONSIDERED: Parts Open to the Public 1. Approval of the Minutes of the September 29, 2014 Board Member Meeting 2. Thrift Savings Plan Reports a. Monthly Participant Activity Report b. Quarterly Investment Policy Report c. Legislative Report 3. BlackRock Account Review 4. Quarterly Reports a. Vendor Financials b. Audit Status c. Budget Review 5. Internal Audit Charter 6. Annual Review of Capital Markets and L Funds (Mercer) Parts Closed to the Public 1. Procurement 2. Personnel CONTACT PERSON FOR MORE INFORMATION: Kimberly Weaver, Director Office of External Affairs, (202) 942–1640. Dated: October 16, 2014. James Petrick, Secretary, Federal Retirement Thrift Investment Board. [FR Doc. 2014–24973 Filed 10–16–14; 8:45 am] BILLING CODE 6760–01–P PO 00000 Frm 00026 Fmt 4703 Sfmt 4703 FEDERAL TRADE COMMISSION Agency Information Collection Activities; Proposed Collection: Comment Request Federal Trade Commission (‘‘Commission’’ or ‘‘FTC’’). ACTION: Notice. AGENCY: The FTC plans to conduct a study to examine consumer perception of fuel economy advertising. The study is part of the Commission’s regulatory review of the Guide Concerning Fuel Economy Advertising for New Automobiles (‘‘Fuel Economy Guide’’ or ‘‘Guide’’). This is the second of two notices required under the Paperwork Reduction Act (‘‘PRA’’) in which the FTC seeks public comments on its proposed consumer research in connection with Office of Management and Budget (‘‘OMB’’) review of, and clearance for, the collection of information discussed herein. DATES: Comments must be received on or before November 19, 2014. ADDRESSES: Interested parties may file a comment online or on paper, by following the instructions in the Request for Comment part of the SUPPLEMENTARY INFORMATION section below. Write ‘‘Fuel Economy Consumer Study, Project No. P134202’’ on your comment, and file your comment online at https://ftcpublic.commentworks.com/ ftc/fueleconomystudypra2, by following the instructions on the web-based form. If you prefer to file your comment on paper, mail your comment to the following address: Federal Trade Commission, Office of the Secretary, 600 Pennsylvania Avenue NW., Suite CC–5610 (Annex J), Washington, DC 20580, or deliver your comment to the following address: Federal Trade Commission, Office of the Secretary, Constitution Center, 400 7th Street SW., 5th Floor, Suite 5610 (Annex J), Washington, DC 20024. FOR FURTHER INFORMATION CONTACT: Hampton Newsome, 202–326–2889, Division of Enforcement, Bureau of Consumer Protection, Federal Trade Commission, 600 Pennsylvania Avenue NW., Mailstop CC–9528, Washington, DC 20580. SUPPLEMENTARY INFORMATION: SUMMARY: I. Background The Commission issued the Guide Concerning Fuel Economy Advertising for New Automobiles (‘‘Fuel Economy Guide’’ or ‘‘Guide’’) (16 CFR Part 259) in 1975 to prevent deceptive fuel economy advertising and to facilitate the use of fuel economy information in advertising. The Guide helps advertisers E:\FR\FM\20OCN1.SGM 20OCN1

Agencies

[Federal Register Volume 79, Number 202 (Monday, October 20, 2014)]
[Notices]
[Page 62618]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-24832]


-----------------------------------------------------------------------

FEDERAL RESERVE SYSTEM


Federal Open Market Committee; Domestic Policy Directive of 
September 16-17, 2014

    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 September 16-17, 2014.\1\
---------------------------------------------------------------------------

    \1\ Copies of the Minutes of the Federal Open Market Committee 
at its meeting held on September 16-17, 2014, 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.
---------------------------------------------------------------------------

    Consistent with its statutory mandate, the Federal Open Market 
Committee seeks monetary and financial conditions that will foster 
maximum employment and price stability. In particular, 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 undertake open market operations as necessary to maintain such 
conditions. Beginning in October, the Desk is directed to purchase 
longer-term Treasury securities at a pace of about $10 billion per 
month and to purchase agency mortgage-backed securities at a pace of 
about $5 billion per month. The Committee also directs the Desk to 
engage in dollar roll and coupon swap transactions as necessary to 
facilitate settlement of the Federal Reserve's agency mortgage-backed 
securities transactions. The Committee directs the Desk to maintain its 
policy of rolling over maturing Treasury securities into new issues and 
its policy of reinvesting principal payments on all agency debt and 
agency mortgage-backed securities in agency mortgage-backed 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, October 9, 2014.
William B. English,
Secretary, Federal Open Market Committee.
[FR Doc. 2014-24832 Filed 10-17-14; 8:45 am]
BILLING CODE 6210-01-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.