Transcripts of the monetary policymaking body of the Federal Reserve from 2002–2008.

Most of them said it was pretty close, and it’s a matter of communication. It’s my judgment that we are just going to cause a lot of criticism and a lot of concern and confusion if we do it now. I also agree that it’s fairly close. But my feeling is that the concern of clarity is more important to me. Others? Would you call the roll, please?

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