I think that the FOMC has been doing it wrong for 40 years by allowing the Chair to be a dictator over the committee.

The Bank of England and the Bank of Japan don't do it this way. (ECB does not disclose its vote). ---- The committee now is 12 independent voters, with 12 different reaction functions. It should have always been this way, as it's a better approach. Monetary policy should be a consensus-building exercise, where everybody backs up their opinion with a vote, and not dictated by — via @biancoresearch

The Bank of England and the Bank of Japan don't do it this way. (ECB does not disclose its vote).