During the two business days prior to MPMs, members read through the staff's written reports and formulate their views on the economic and financial situation and the appropriate direction for monetary policy. V.  On the day of the MPM  A.
Members and the staff attending the MPM  Let me describe what happens in the first MPM of the month, which is held over two business days. The first day of the meeting starts at 2:00 p.m.