Discussion Paper

The FOMC Meeting Minutes: An Assessment of Counting Words and the Diversity of Views


Abstract: The Federal Reserve's communications with the public have evolved substantially since the early 1990s and today include: policy statements released shortly after the conclusion of monetary policy meetings; minutes of those meetings issued three weeks later; quarterly economic forecasts from the members of the Federal Reserve Board of Governors and the presidents of the Federal Reserve Banks; the Chair's press conferences four times per year; a semi-annual Monetary Policy Report that is submitted to the Congress and released to the public, along with the Chair's testimony on that report; and transcripts of monetary policy meetings published after five years. In this note, we focus on the minutes of Federal Open Market Committee (FOMC) meetings.

https://doi.org/10.17016/2380-7172.2048

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2015-05-26

Number: 2015-05-26-2