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

Our dialogue with the staff regarding the economic outlook was a little lengthier than usual, but I think it was a very important discussion. It does impose some time constraints on us going forward, however; so I would request that we try to keep our comments slightly less lengthy—unless, obviously, one has important things to say! [Laughter] With that, who would like to start off? President Moskow.

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