Guynn to vote as an alternate on FOMC

The U.S. Federal Reserve has said Federal Reserve Bank of Atlanta President Jack Guynn will vote as an alternate on the Open Market Committee in 2005.

The Fed said Guynn will vote as an alternate on the FOMC until Richard Fisher becomes Dallas Fed president April 4.

The Fed said Guynn will have one of the 12 FOMC votes on interest rate policy until Fisher's appointment takes effect. The Dallas Fed president is a member of the FOMC and has a vote in the committee every third year.

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