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Change in Publishing Format of the Federal Reserve Bulletin

In response to the increased use of the Internet to access information and in the interest of publishing on a timely basis, beginning in 2006 the content of the Federal Reserve Bulletin will only be available on the Federal Reserve Board's public web site (www.federalreserve.gov). Publishing articles

on the web as they are released will allow the more timely introduction of research and information to the public as topics are relevant to current economic conditions and useful to our readers.

The online version of the Bulletin will continue to include topical research articles, the Board's semiannual Monetary Policy Reports, Reports on the Condition of the U.S. Banking Industry, Legal Developments, and links to other features such as lists of advisory councils, committees, and maps of the Federal Reserve Districts.

Online access to the Bulletin will continue to be free of charge. A free e-mail notification service is available to alert subscribers to new articles and reports as they are released. Subscribe to the e-mail notification service on the Board's web site at www.federalreserve.gov/generalinfo/subscribe/ notification.htm.

If you have any questions, contact the Publications Fulfillment staff by phone at 202-452-3245, by fax at 202-728-5886, or by mail to Publications Fulfillment, MS 127, Board of Governors of the Federal Reserve System, Washington DC 20551.

In addition, make sure to read these articles: