Greenspan-quicker Fed transcripts undesirable

Federal Reserve Chairman Alan Greenspan said on Jan. 25 the U.S. central bank should not be forced to more quickly release full transcripts of its monetary policy deliberations. The Fed currently releases the transcripts of Federal Open Market Committee meetings after a five year lag. Less detailed meeting minutes are issued six weeks after the panel convenes. But Greenspan urged lawmakers not to push the Fed to release the information sooner, saying policymakers might be less inclined to speak

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