Fed announces enhanced news security procedures

October 26, 2013 10:54 pm | Updated 10:54 pm IST - WASHINGTON

The Federal Reserve says it is tightening the security procedures in place when it releases information to reporters.

In a statement, the U.S. central bank says the additional controls will start with next week’s meeting and are put in place after consultations with news organisations. The measures include holding a lockup at the Federal Reserve, where transmission of the news will be over data lines controlled by the central bank.

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