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

It’s very difficult to make that judgment. Basically, if our sole purpose were to do exactly what the market expects, what we find is that one-half of the primary dealers who responded to a recent survey expected the FOMC to adopt a neutral statement. The other half were about evenly divided between expecting an assessment tilted toward weakness and expecting a continued deferral of any assessment. So, not all the views were the same. I think we’re running out of people who have not commented.

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