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

Vince, in thinking about the possible benefits of accelerating the release of the minutes, can you name a time when that would have produced a benefit? I understand the cost because we all understand the costs, but I don’t know of any case in which releasing the minutes five days earlier would have bought us anything. At any rate, we need to think that through before we bear all those costs.

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