Advertisement

BRIEFLY

October 05, 1987

The Federal Reserve announced that it is creating a Division of Monetary Affairs and has appointed Donald L. Kohn to head it. The reorganization will create a unit to analyze monetary policy issues and serve as liaison between the board and the Federal Reserve Bank of New York's Open Market Desk, which carries out policies to control the growth of the nation's money supply.

Advertisement
Los Angeles Times Articles
|
|
|