I managed to discover some news in the absurdly redacted Fed minutes released today.He then points to a post he has written that says in part:
Federal Reserve Bank of Dallas President Richard Fisher initially provided the only "No" vote on a motion before the Federal Open Market Committee at the height of the financial crisis...
Immediately following the mystery vote, Federal Reserve Chairman Ben Bernanke requested a break for lunch.
Upon returning from lunch, Bernanke announced that Fisher had changed his mind.Wow, how did the mild mannered appearing Bernanke get Fisher to change his vote, during a lunch break?
“On consideration, in order to maintain a united front with the Committee, President Fisher changed his vote to vote ‘yes’ on the resolution,” Bernanke said, according to the transcript.
The full Carney post is here.