The minutes of the Federal Open Market Committee (FOMC) meetings are a detailed record of the discussion during the meeting and the decisions taken at the meeting. They are released three weeks after each meeting and provide a timely summary of the views expressed by policymakers and explain the reasons for the Committees decisions. The minutes can help the public interpret economic and financial developments and understand the Committees decisions. As an official record of the meeting, the minutes identify all attendees and provide a complete record of policy actions taken, including the votes by individual members on each policy action. The most detailed record of FOMC meeting proceedings is the transcript, which is available on the Federal Reserve Boards website. The FOMC currently releases the transcripts of its meetings after an interval of about five years.