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|User Info||20120516 FOMC thread.; entered at 2012-05-16 14:33:06|
Registered: 2008-03-23 The Green Mountain State
Federal Reserve Minutes (.pdf):|
The opening sentences of the Minutes:
A staff presentation provided an overview of an exercise that explored individual participantsí views on appropriate monetary policy responses under alternative economic scenarios. Committee participants discussed the potential value and drawbacks of this type of exercise for both internal deliberations and external communications about monetary policy. Possible benefits include helping to clarify the factors that individual participants judge most important in forming their views about the economic outlook and their assessments of appropriate monetary policy.
Not exactly a confidence-builder. It sound like they've already deliberated things over and over again, and still find themselves in disagreement.
Last modified: 2012-05-16 14:34:01 by argos