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We’re one of 12 regional Federal Reserve Banks working together with the Board of Governors to support a healthy economy. Our job is to serve the American public — to serve you. And our mission is to foster economic stability and strength.

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Working Papers

January 1978, No. 78-1

Federal Reserve Policy Strategy and Interest Rate Seasonality

Thomas A. Lawler

During the 1970's short-term interest rates have exhibited extreme variability by recent historical standards.

Katrina Mullen (804) 697-8145