by Calculated Risk on 4/10/2006 01:07:00 AM

My post is up on Angry Bear: The FED's Year 2000 Transcripts. The transcripts make for some interesting reading, especially if you are suffering from insomnia! But they do help understand what the FED was thinking in a transition year (from boom to recession).

These transcripts may be relevant to today if the US economy slows because of the slowdown in the housing market.

Best to all.