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

This really goes to the remarks of President Moskow and to the relationship between a narrative to accompany the projections and the description in the minutes. If you did that model, which as I understood it, President Moskow, is to incorporate a narrative as an appendix to the minutes, how then would the description of the outlook that is in the minutes now—the narrative description of the central tendency of the Committee that now goes in the minutes—relate to the narrative description about the projections? What would be the relationship be between those two things, if you did them as separate but linked documents?

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