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

Isn’t there a third alternative? The minutes are what we actually discussed, and the other thing is a story. I think President Moskow’s question really relates to whether or not we are going to try to weave what we actually discussed into some coherent story or try to make the minutes really be what I suspect they were originally intended to be, which is what the color and commentary of our discussion were?

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