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View Full Version : Fed should better safeguard economic data, internal watchdog says



Wireless News
04-20-2016, 12:20 PM
http://l1.yimg.com/bt/api/res/1.2/3xGh_ZseqWL2vtiZ87iICw--/YXBwaWQ9eW5ld3NfbGVnbztmaT1maWxsO2g9ODY7cT03NTt3PT EzMA--/http://media.zenfs.com/en_us/News/Reuters/2016-04-20T134243Z_2_LYNXNPEC3J0UT_RTROPTP_2_USA-FED.JPG (http://news.yahoo.com/fed-better-safeguard-economic-data-internal-watchdog-says-132127857--business.html)The Fed provides on embargo its most market-sensitive information - ranging from the Federal Open Market Committee's statement on monetary policy and policy meeting minutes to monthly data on industrial production and consumer credit - to vetted members of the press, including Reuters journalists, in a secured room on Fed premises. Reporters must surrender cell phones and other electronics and pass through a metal detector before entry to the room, where they can write news stories for publication when the embargo is lifted and the Fed restores communications to the outside world.



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