FEDERAL RESERVE ACT
SECTION 2A—Monetary Policy Objectives
The Board of Governors of
the Federal Reserve System and the Federal Open Market Committee shall maintain
long run growth of the monetary and credit aggregates commensurate with the
economy's long run potential to increase production, so as to promote
effectively the goals of maximum employment, stable prices, and moderate
long-term interest rates.
[12 USC 225a. As added by act of
November 16, 1977 (91 Stat. 1387) and amended by acts of October 27, 1978 (92
Stat. 1897); Aug. 23, 1988 (102 Stat. 1375); and Dec. 27, 2000 (114 Stat.
3028).]
Federal Reserve Act
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