| For immediate release |
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The Federal Reserve today made available for public inspection transcripts of meetings of the Federal Open Market Committee that were held during 1991. The package includes transcripts of eight regularly scheduled meetings and eleven telephone conference calls. Procedures adopted by the FOMC provide for the public release of transcripts for an entire year with a five-year lag. Minutes of each meeting are issued with an approximate six-week lag while decisions made at each meeting are announced on the day of the meeting. The 1991 transcripts have been lightly edited to enhance readability and to redact confidential material such as information pertaining to individual foreign central banks and private business information. Copies of the transcripts are available from the Board's Freedom of Information Office, Room MP-500, Federal Reserve Board, Washington, DC 20551 (telephone 202-452-3684). |