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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