...the actions are a visible evidence of the Federal Reserve's intention to move toward greater ease. The committee urges that the monetary authorities...more or less consistent with the projected rate of growth—generally within a range of 3-5 percent per year. Sudden changes in the money supply give...

...might add that this committee in its Joint Economic Report last year urged the monetary authorities to adopt "the policy of moderate and relatively steady...wide swings in the rate of increase or decrease." The general range suggested by the committee was 3 to 5 percent with the minority recommending 2 to 4 percent...

...might add that this committee in its Joint Economic Report last year urged the monetary authorities to adopt "the policy of moderate and relatively steady...wide swings in the rate of increase or decrease." The general range suggested by the committee was 3 to 5 percent with the minority recommending 2 to 4 percent...

...avoid both pervasive inflation and protracted recession. The Committee urged the Federal Reserve to "adopt the policy of moderate and relatively steady increases in the money supply." After further study and hearings, the Committee issued a report entitled, "Standards for Guiding Monetary...

...a\oid both pervasive inflation and protracted recession. The Committee urged the Federal Reserve to "adopt the policy of moderate and relatively steady increases in the money supply." After further study and hearings, the Committee issued a report entitled, "Standards for Guiding Monetary...