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

I have no objection to this press release. I think it’s a really good one. But I would just like to make a comment. Maybe it’s because of the discussion yesterday or the way the Bluebook was lined out or the presentation today, but as a member of this Committee, I really feel better about the process we’ve gone through over the last couple of days as it relates to the statement than I have at any time in the last several months. I think I’m coming around to understanding better how this communication is working. And I thought the process of working through portions of the statement in the Bluebook was really helpful. So despite my comments yesterday about forty pages involving three alternatives and so forth, I do want to compliment the staff on the job you did.

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