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

Thank you, Vincent. I have penciled in some time after the policy decision for discussion and comments about the process and for the head of the subcommittee to talk a little about what we will be doing in our communication discussions going forward. So in the interest of time, I would ask people who have questions for Vincent to try to restrict them primarily to the projections themselves and to the economic outlook, if that is okay. Does anyone have any questions for Vincent? If not, we can begin our go-round. President Yellen.

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