# Formulation of Monetary Policy by the Federal Reserve: Rules vs. Discretion
> **Long Report (Legacy)** · 2001-07-19 · `RL31050`
## Report
- **CRS ID:** RL31050
- **Series:** Long Report (Legacy)
- **Publication date:** 2001-07-19
## Documents
- [PDF](https://www.everycrsreport.com/files/20010719_RL31050_3c3f1d6e82979bca316331b9b6e3032a23a49903.pdf)
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