Question: 8. While the Fed promotes secrecy by not releasing the minutes of the FOMC meetings to Congress or the public immediately, the ECB holds a

 8. While the Fed promotes secrecy by not releasing the minutes

8. While the Fed promotes secrecy by not releasing the minutes of the FOMC meetings to Congress or the public immediately, the ECB holds a press conference after each of its meetings. Discuss the pros and cos of each of these policies. (10 marks)

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