Thomas Hoenig, the president of the Kansas Federal Reserve, has said he is open to the idea of reducing the lag with which transcripts of the Federal Reserve's rate-setting meetings are published.
Representatives from the Kansas Fed confirmed to CentralBanking.com on Friday that in a Thursday meeting with Darrell Issa, a Republican congressman, Hoenig said he "did not see it as inherently wrong" to reduce the wait before transcripts are published. At present, full transcripts of the Federal Open
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