Voting members of the FOMC vote on whether the federal funds rate target should be

changed.

FOMC members receive the Beige Book, which is a consolidated report of regional

economic conditions in each of the $12$ districts.

Presentations are made by staff members about current economic conditions and recent

economic trends.

FOMC members receive expert analyses of the economy and economic forecasts.

The manager of the Trading Desk instructs traders who work at that desk on the amount

of Treasury securities to buy or sell in the secondary market.