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

If it’s okay, maybe we could just go ahead with the votes on this. I’d like first to do the open market operations, which I hope are not too controversial. There was no discussion of the New Zealand swap line. I’ll ask to see if there is any comment on that. Then on this issue, I’ll take a set of positions from the voters, if that’s okay. So let’s go back to domestic open market operations.

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