In this regard, the immediate release of decisions made at MPMs, press conferences by the Governor, and the publication of the Monthly Report of Recent Economic and Financial Developments and the minutes of MPMs contribute greatly to enhancing the transparency of the Bank's conduct of monetary policy.
And third, I want to emphasize that there is a very active exchange of views among Policy Board members at MPMs. We often hear criticisms outside the Bank when a decision is reached by unanimous vote at MPMs that there must have been very little discussion at the meeting, or the decision must have already been made prior to the MPM.