Fed mulls press briefings to foster public insight

[RonPaulFanInGA]

http://news.yahoo.com/s/nm/20090415/bs_nm/us_fed_pressconferences

Response to HR-1207?

[RSLudlum]

ROFLMAO



With the Fed's traditional interest rate setting tool exhausted, officials believe there is greater reason to show that Fed actions are consistent with its traditional role of ensuring sustainable growth and maintaining price stability.

yeah, they've done a damn good job so far :rolleyes:

I guess the Fed feels it's losing public faith and the time has come for full blown, prime-time propaganda. Move over American Idol, here's Fed Idol.

[acptulsa]

They want to spin the FRN but they're afraid it will shrink if they do.