The Policy Directive That Is Produced from the FOMC Meeting

The policy directive that is produced from the FOMC meeting:

A) Details the exact amount of U.S.Treasury securities the System Open Market Account Manager is to purchase or sell
B) Sets the specific discount rate for the next eight weeks
C) Sets the specific range that the target interest rate can fall within
D) Simply instructs the staff of the New York Fed to buy and sell securities to maintain the market federal funds rate at the target rate