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

I’d just like to point out that we can respond to questions by pointing to the brief mention in the minutes that the Committee has been talking about communication issues. We can also remind people that the details of the proceedings are confidential until they are released in the minutes, the statements, testimony, and eventually the transcript. “Not at liberty” is a standard response having to do with all the deliberations around this table. The only other thing I would add is that some of us have been on record for a long time. So when I get questions about inflation targets, I say that the first speech I made outside St. Louis, when I came to the St. Louis Fed, included some discussion of that issue, and I repeat what I said eight years ago and leave it at that.

Keyboard shortcuts

j previous speech k next speech