Fed held conference calls on economy during war

An early draft of Alan Greenspan's testimony to the House of Representatives Financial Services Committee which was apparently released in error, revealed that the FOMC held regular conference calls during the Iraq war to monitor the US economy.

Source: Reuters

Federal Reserve Chairman Alan Greenspan and his colleagues on the U.S. central bank's rate-setting board held four conference calls to keep in close contact about the economy during the Iraq war, a Fed spokeswoman said today.

The weekly

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