WASHINGTON — The Federal Reserve Board, well known for its secrecy, is disclosing more of its views — and disappointments — to the public in an effort to provide clarity and incite much-needed confidence.

The latest such move by the central bank is an op-ed published in Thursday's edition of The Washington Post explaining the Federal Open Markets Committee's decision this week to buy $600 billion in additional longer-term Treasury securities. The Fed has only made such a large monetary policy move twice before in 2008 and 2009.

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