On February 17, the Board of Governors of the Federal Reserve System submitted its semiannual Monetary Policy Report (or Humphrey–Hawkins Report) to the Congress, as mandated by the Full Employment and Balanced Growth Act of 1978. On the same day, Federal Reserve Chairman Alan Greenspan testified on the report to the House of Representatives’ Committee on Banking and Financial Services.
Suggested citation: "Monetary Policy," Federal Reserve Bank of Cleveland, Economic Trends, no. 00-03, pp. 02-05, 03.01.2000.