The following is the unedited transcript of the news release from the Federal Open Market Committee.
A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on Tuesday, March 18, 2008 at 8:30 a.m.
Present:
Mr. Bernanke, Chairman
Mr. Geithner, Vice Chairman
Mr. Fisher
Mr. Kohn
Mr. Kroszner
Mr. Mishkin
Ms. Pianalto
Mr. Plosser
Mr. Stern
Mr. Warsh
Messrs. Evans, Lacker, and Lockhart, and Ms. Yellen, Alternate Members of the Federal Open Market Committee
Messrs. Hoenig and Rosengren, Presidents of the Federal Reserve Banks of Kansas City and Boston, respectively
Mr. Sapenaro, First Vice President, Federal Reserve Bank of St. Louis
Mr. Madigan, Secretary and Economist
Ms. Danker, Deputy Secretary
Mr. Skidmore, Assistant Secretary
Ms. Smith, Assistant Secretary
Mr. Alvarez, General Counsel
Mr. Ashton, Assistant General Counsel
Mr. Sheets, Economist
Mr. Stockton, Economist
Messrs. Connors, English, and Kamin, Ms. Mester, Messrs. Rolnick, Rosenblum, Slifman, Sniderman, and Wilcox, Associate Economists
Mr. Dudley, Manager, System Open Market Account
Mr. Struckmeyer, Deputy Staff Director, Office of Staff Director for Management, Board of Governors
Mr. Parkinson, Deputy Director, Division of Research and Statistics, Board of Governors
Ms. Bailey, Deputy Director, Division of Banking Supervision and Regulation, Board of Governors
Mr. Clouse, Deputy Director, Division of Monetary Affairs, Board of Governors
Ms. Liang and Messrs. Reifschneider and Wascher, Associate Directors, Division of Research and Statistics, Board of Governors
Mr. Gagnon, Visiting Associate Director, Division of Monetary Affairs, Board of Governors
Mr. Blanchard, Assistant to the Board, Office of Board Members, Board of Governors
Mr. Carpenter, Assistant Director, Division of Monetary Affairs, Board of Governors
Mr. Small, Project Manager, Division of Monetary Affairs, Board of Governors
Mr. Luecke, Section Chief, Division of Monetary Affairs, Board of Governors |