Thornton, Daniel; Wheelock, David - In: Review 96 (2014) 3, pp. 213-227
This article presents a record of dissents on Federal Open Market Committee (FOMC) monetary policy votes from the Committee’s inception in its modern form in 1936 through 2013. Dissents were rare during the Committee’s first 20 years but began to increase in the late 1950s. The number of...