Everybody is prone to an “oops” moment now and then – including the Fed.
The Federal Reserve Board said on Friday that staff notes were accidentally leaked on its website. Economic projects prepared by staff as background for the June 16-17 meeting of the Federal Open Market Committee (FOMC) were inadvertently included in a computer file posted on its public website on June 29.
A press release announcing the incident explains what happened:
Approximately every three months, Federal Reserve Board staff update and publish on the Board’s website a package of computer code of the Board staff’s FRB/US model of the U.S. economy, including a set of illustrative economic projections based only on publicly available information. On June 29, an updated...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full ArticleAlready a member? Log in here
