My comments below are in square brackets. I thought it would be fun to try and argue that the economy is one big project, the Feds is one big team, and us being one huge owner.
"WASHINGTON (AP) -- In a major shift, the Federal Reserve [the team in this project] will start announcing four times a year how long it plans to keep short-term interest rates at existing levels, according to minutes from its December policy meeting. [So. The economy is one giant project. Used to run on 2 iteration per year, now 4. This is a result of several giant retrospect meetings know as the G8 economic summit, among others]
The shift marks the Fed's latest effort to make its communications with the public more open and explicit. [One of the basic and essential rules in Agile is: transparency.]
The change is intended to reassure consumers and investors [the product owners, the general public] that they will be able to borrow cheaply well into the future. And some economists said it could lead to further Fed action to try to invigorate the economy. [So expect more retrospect meeting and based on those, expect constant improvement to the process]"
>>Reference of quote above<<
http://hosted.ap.org/dynamic/stories/U/US_FED_MINUTES?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT
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