Federal Open Market Committee
Federal Open Market Committee (FOMC) controls open market operations for the Federal Reserve. It consists of twelve members: seven members of the Board of Governors of the Federal Reserve System; the president of the Federal Reserve Bank of New York; and four of the remaining eleven Reserve Bank presidents, who serve one-year terms on a rotating basis.
The FOMC holds eight regularly scheduled meetings per year, where the members review economic and financial conditions, determines the appropriate stance of monetary policy, and assesses the risks to its long-run goals of price stability and sustainable economic growth.
The FOMC holds eight regularly scheduled meetings per year, where the members review economic and financial conditions, determines the appropriate stance of monetary policy, and assesses the risks to its long-run goals of price stability and sustainable economic growth.
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Fed Issues FOMC Statement 09/21: Operation Twist is a Go
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Trading Radar for 09/21: Bed Bath & Beyond (BBBY), Red Hat (RHT), General Mills (GIS), IHS (IHS) Report
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Trading Radar for 09/20: Oracle (ORCL), Adobe (ADBE), ConAgra (CAG), AutoZone (AZO) Report
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Miller Tabak Raises Price Target on Wells Fargo (WFC), Anticipates "Tightening of Reins"
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Morgan Stanley (MS) Appoints FOMC Veteran as New U.S. Economist
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Barney Frank Wants to Shake-Up the FOMC Big Time
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Canaccord Genuity Morning Coffee: Fed Chairman Ben Bernanke - Too Late To Go Into Acting?
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Bernanke Maintains Status Quo, Stocks Sell-Off
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Bernanke Speech at Economic Club of Minnesota Luncheon
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Fed's Beige Book from Sept. 7th
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Fed's 'Twist' Plan Gains Momentum
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Top 10 News Items 8/29-9/2: US Gains NO Nonfarm Jobs in August; DoJ Challenges AT&T/T-Mobile Deal; FOMC Minutes Show Mixed Bag on More Monetary Action
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QE3 Chant Grows After Horrible Jobs Number
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FOMC Minutes Show QE3 On Deck
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FOMC Minutes from August 9th Meeting
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From FOMC Minutes: Fed Discussed Asset-Buying, Maturity Shift, Rate on Reserves, Said 'Few Members' Sought Strong Action
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Fed's Kocherlakota Says Dissenting Vote Was Yesterday's News; Now on to QE3
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CNBC' Steve Liesman notes that FOMC dissenter Kocherlakota could change his view.
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Fed's Evans In Favor of Strong Accommodation
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'Risk On' is Back as Speculators Look for Repeat of 14% 2010 Jackson Hole Run-Up
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Barclays U.S. Portfolio Strategy Weekly: The More Things Change, The More They Stay The Same
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Blinder: FOMC Unlikely to Start QE3 at Sept. Meeting, Would Be 'Weak Policy'
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Bernanke Kicks the Can on QE3, Points to Fiscal Policymakers
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Ben Bernanke Said FOMC Will Address Additional Easing Tools at September Meeting
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Bernanke Jackson Hole Speech
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Fed's Plosser Says Last FOMC Statement was 'Overly Pessimistic'
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'Twas the Night Before Jackson Hole...
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QE3 Or Not, Something Will Happen at Jackson Hole
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Goldman Sachs Cuts GDP Forecast; Says Bernanke Will Give Details of QE3 at Jackson Hole But Take No Action
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Stocks Get a QE3 Jolt
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Questionable Rumor Of Emergency Fed Meeting Makes the Rounds
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Top 10 News Item 8/8-8/12: Stocks Respond to US Credit-Rating Downgrade; Dow Swings 400+ Points Four Days This Week; Fed Gives Hope for QE3
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Minneapolis Fed Head Kocherlakota Explains His Dissenting Vote
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QE3 Is Coming - Goldman Sachs
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Bernanke Steamrolls Three Dissenters and Brings Back the 'Bernanke Put'
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Analyst Upgrades Rise Nearly 300% as Market Nears Bear Market Territory
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Fed Sees Federal Funds Rate 'Exceptionally Low' Through Mid-2013; Three Fed Members Vote Against the Action
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FOMC Statement; Sees Exceptionally Low Fed Funds Through Mid-2013
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Following Knee-Jerk Higher, Stocks Pare Gains Following Fed Rate Decision: Dow Down 83
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Dow up 83 ahead of FOMC rate decision, Nasdaq up 49, S&P 500 up 14
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Stocks Well Off Session Highs Into FOMC Rate Decision: Dow Up 91, Nasdaq Up 50, S&P 500 Up 16
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Notable ETF Movers of the Day 08/09: (XLF) (SPY) (XLK) Higher; (VXX) (SLV) (ITB) Lower
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Stocks Higher, But Nervous
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STOCKS DESTROYED
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Bernanke & Co to the Rescue?
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STOCKS ROUTED
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Fed's Beige Book for 7/27: Economy Slowed in 8 of 12 Regions
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Top 10 News Items 7/11-7/15: Fed's Latest Minutes Hint at QE3; Google Issues Blowout Q2 Earnings; Moody's, S&P Place US AAA Rating on Watch for Downgrade
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Bernanke Says Fed Prepared to Ease Further if Needed
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Testimony by Bernanke on Semiannual Monetary Policy Report to Congress

