November 15, 2006
Minutes of the Federal Open Market Committee, October 24-25, 2006
For release at 2:00 p.m. EST
The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on October 24-25, 2006.
The minutes for each regularly scheduled meeting of the Committee are made available three weeks after the day of the policy decision and subsequently are published in the Board's Annual Report. The summary description of economic and financial conditions contained in these minutes is based solely on the information that was available to the Committee at the time of the meeting.
FOMC minutes can be viewed on the Board's web site at www.federalreserve.gov/fomc.
Minutes of the Federal Open Market Committee, October 24-25, 2006