A concurrent resolution relating to interest rates.

Expresses the sense of the Congress that: (1) the Board of Governors of the Federal Reserve System shall increase 1982 monetary targets to encourage interest rates to fall; (2) the Board and the administration shall work together to set targets which are consistent with economic recovery and a balanced budget by the mid-1980's; and (3) specified congressional committees shall be advised by the President or the Board if fiscal policy or new economic conditions require a change from the direction set forth by this resolution.