The Financial Markets Center has launched a new web site - www.fmcenter.org - that provides online access to three key sets of Federal Reserve documents: 1) transcripts of pre-1992 meetings of the Federal Open Market Committee; 2) minutes of discount rate meetings by the Fed's Board of Governors; and 3) summaries of Federal Advisory Council (banking industry advisory group) meetings with the Board of Governors. Previously these documents were available only from the Fed and only in hard copy. The Center's web site also provides interpretive materials to guide users through FOMC transcripts. These are dense, bulky but revealing documents that won't be everyone's answer to "where do you want to go today?" In addition, the web site offers introductory information as well as a variety of analytical materials on the Fed and financial sector issues.
