And in their discussion, members of the FOMC explain their policy choices, and try to persuade other members of the FOMC of their viewpoints. One Monetary Policy Decision: August 2011 As an example of such a process, I want to discuss the important decision taken at the August 2011 meeting.
Just as supervisors of financial institutions or markets need to keep pace with developments, the challenge before our statisticians is to keep the nature and coverage of our collections fresh and relevant in a changing world. This is particularly pertinent for financial data.