Federal Reserve to release minutes earlier

The Federal Reserve said this week that it would begin releasing minutes from its FOMC interest rate meetings about a month earlier than it has been.

Currently, the Fed releases minutes two days after the next meeting is held. For example, on Thursday 16 December, the Fed released minutes from the Nov. 10 meeting.

Fed meetings are spaced five to eight weeks apart, so meeting records often come out so late, they reflect old economic news.

The Federal Reserve said "In addition, the Committee unani