Voting against the action were Richard W. Fisher, who believed that, while the Committee should be patient in beginning to normalize monetary
policy, improvement in the U.S. economic performance since October has moved forward, further than the majority of the Committee envisions, the date when it will likely be appropriate to increase the federal funds rate; Narayana Kocherlakota, who believed that the Committee's decision, in the context of ongoing low inflation and falling market - based measures of longer - term inflation expectations, created undue downside risk to the credibility of the 2 percent inflation target; and Charles I. Plosser, who believed that the statement should not stress the importance of the passage of time as a key element of its forward
guidance and, given the improvement in economic conditions, should not emphasize the consistency of the current forward
guidance with
previous statements.
The study follows
previous research in 2012 following Freedom of Information requests issued by Family Rights Group which revealed that that at the time 45 % of local authorities had not published a family and friends care
policy and a significant number of
policies did not adequately cover all of the requirements of the
guidance.