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Background on FOMC meeting minutes

Author

Listed:
  • Deborah J. Danker
  • Matthew M. Luecke

Abstract

On December 14, 2004, the Federal Open Market Committee (FOMC) decided to move up the publication of its minutes to three weeks after the end of each meeting. That action has cut in half the average time between the meeting and publication of the minutes. It has also apparently heightened public attention to the FOMC minutes. To give additional context to the Committee's decision, this article outlines previous changes to the release schedule for the minutes and provides a brief overview of the content of the minutes and the way they are now produced.

Suggested Citation

  • Deborah J. Danker & Matthew M. Luecke, 2005. "Background on FOMC meeting minutes," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Spr, pages 175-179.
  • Handle: RePEc:fip:fedgrb:y:2005:i:spr:p:175-179:n:v.91no.2
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    File URL: http://www.federalreserve.gov/pubs/bulletin/2005/spring05_fomc.pdf
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    Citations

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    Cited by:

    1. Jung, Alexander, 2016. "Have minutes helped to predict fed funds rate changes?," Journal of Macroeconomics, Elsevier, vol. 49(C), pages 18-32.
    2. Stekler, Herman & Symington, Hilary, 2016. "Evaluating qualitative forecasts: The FOMC minutes, 2006–2010," International Journal of Forecasting, Elsevier, vol. 32(2), pages 559-570.
    3. Ericsson, Neil R., 2016. "Eliciting GDP forecasts from the FOMC’s minutes around the financial crisis," International Journal of Forecasting, Elsevier, vol. 32(2), pages 571-583.
    4. repec:bla:coecpo:v:37:y:2019:i:1:p:102-120 is not listed on IDEAS
    5. Domenico Lombardi & Pierre L. Siklos & Samantha St. Amand, 2019. "Government Bond Yields At The Effective Lower Bound: International Evidence," Contemporary Economic Policy, Western Economic Association International, vol. 37(1), pages 102-120, January.
    6. Bennani, Hamza & Farvaque, Etienne & Stanek, Piotr, 2018. "Influence of regional cycles and personal background on FOMC members’ preferences and disagreement," Economic Modelling, Elsevier, vol. 68(C), pages 416-424.
    7. repec:oup:revfin:v:21:y:2017:i:1:p:389-432. is not listed on IDEAS

    More about this item

    Keywords

    Federal Open Market Committee;

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