2007 Fed Not As Informed About 2008 As 2013 Critics
From Dealbreaker January 18, 2013 - 4:42pm
Today the Federal Reserve released transcripts of its 2007 FOMC meetings. The Fed has a policy of releasing these transcripts with a five-year lag. This has various advantages in terms of encouraging candor and allowing the FOMC members to discuss material nonpublic information, etc., but it has the singular disadvantage of making them look like…
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