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).]
