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

Thank you, Mr. Chairman. Before I talk about policy, let me just note that it has been a tremendous pleasure being a colleague of President Minehan over the years and being an immediate neighbor of hers—[laughter]—at Federal Open Market Committee meetings. For one thing, she has done a great job as buffer between me and the President of the New York Bank. [Laughter]

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