The following is the unedited transcript of the news release from the Federal Open Market Committee.
A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors in Washington, D.C., on Tuesday, April 28, 2009, at 2:00 p.m. and continued on Wednesday, April 29, 2009, at 9:00 a.m.
PRESENT:
Mr. Bernanke, Chairman
Mr. Dudley, Vice Chairman
Ms. Duke
Mr. Evans
Mr. Kohn
Mr. Lacker
Mr. Lockhart
Mr. Tarullo
Mr. Warsh
Ms. Yellen
Mr. Bullard, Ms. Cumming, Mr. Hoenig, Ms. Pianalto, and Mr. Rosengren, Alternate Members of the Federal Open Market Committee
Messrs. Fisher, Plosser, and Stern, Presidents of the Federal Reserve Banks of Dallas, Philadelphia, and Minneapolis, respectively
Mr. Madigan, Secretary and Economist
Ms. Danker, Deputy Secretary
Mr. Luecke, Assistant Secretary
Mr. Skidmore, Assistant Secretary
Ms. Smith, Assistant Secretary
Mr. Alvarez, General Counsel
Mr. Sheets, Economist
Mr. Stockton, Economist
Messrs. Altig, Clouse, Connors, Kamin, Slifman, Sullivan, Wilcox, and Williams, Associate Economists
Ms. Mosser, Temporary Manager, System Open Market Account
Ms. Johnson, Secretary of the Board, Office of the Secretary, Board of Governors
Mr. Frierson,1 Deputy Secretary, Office of the Secretary, Board of Governors
Mr. Struckmeyer, Deputy Staff Director, Office of the Staff Director for Management, Board of Governors
Ms. Barger and Mr. English, Deputy Directors, Divisions of Banking Supervision and Regulation and Monetary Affairs, respectively, Board of Governors
Mr. Blanchard, Assistant to the Board, Office of Board Members, Board of Governors
Messrs. Levin, Nelson, Reifschneider, and Wascher, Associate Directors, Divisions of Monetary Affairs, Monetary Affairs, Research and Statistics, and Research and Statistics, respectively, Board of Governors
Mr. Meyer, Senior Adviser, Division of Monetary Affairs, Board of Governors
Mr. Carpenter, Deputy Associate Director, Division of Monetary Affairs, Board of Governors
Mr. Palumbo, Assistant Director, Division of Research and Statistics, Board of Governors
Mr. Small, Project Manager, Division of Monetary Affairs, Board of Governors
Ms. Judson and Mr. Nichols,2 Economists, Divisions of Monetary Affairs and Research and Statistics, respectively, Board of Governors |