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

If we look at July ’01, for example, the height of that bar is about the same as the previous bar, which I guess is for April ’01. But in fact the dollar price of the euro was quite different at those times. So if you depicted the values in euros, the bars on the right-hand side would not look quite so high relative to the others, right? That would mean that the most recent bars would be converted at $1.12 or $1.11 or something like that.

Keyboard shortcuts

j previous speech k next speech