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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Market Check: Dow Up 220, Nasdaq Up 37, S&P 500 23, ahead of FOMC Rate Decision
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What to do When the Federal Reserve Finally Gets Serious about Inflation
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Trading Radar for 8/5: Cisco (CSCO), MGM MIRAGE (MGM), Procter & Gamble (PG), Archer Daniels Midland (ADM), Whole Food Markets (WFMI) Report; FOMC Policy Statement Due
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Although Federal Reserve Policymakers Are Set to Meet, They Have Little Room to Maneuver
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Federal Reserve Extends Securities Dealer Loan Programs Through Jan 30
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Second Quarter GDP Release Set to Confirm or Deny U.S. Recessionary Fears
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June FOMC Minutes Released: Some Fed Officials Favored Rate Rise 'Very Soon'
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Trading Radar 7/16: Wells Fargo (WFC), eBay (EBAY), Yum! (YUM), St. Jude Medical (STJ) Report; CPI for June, Industrial Production, Crude Inventories, FOMC Minutes Due
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Bernanke Semiannual Monetary Policy Report to the Congress
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Volatility Index NASDAQ 100-VXN down 1.97 to 26.05
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FOMC Leaves Rates Unchanged at 2%
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Volatility Index NASDAQ 100-VXN down 1.71 to 26.43 into FOMC rate decision.
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Trading Radar 6/25: Research In Motion (RIMM), Monsanto (MON), Oracle (ORCL), Nike (NKE), General Mills (GIS) Report; Durable Orders, New Home Sales for May, FOMC Policy Statement Due
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David Moenning's Daily State of the Markets: 06/16
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David Moenning’s Daily State of the Markets: 6/11
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David Moenning's Daily State of the Markets: 6/04
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David Moenning's Daily State of the Markets:
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Trading Radar 5/21: Solarfun (SOLF), Longs Drug Stores (LDG), Limited (LTD), Salesforce.com (CRM) Report; FOMC Minutes Due
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David Moenning's Daily State of the Markets: 5/8
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David Moenning's Daily State of the Markets: 05/01
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Volatility Index NASDAQ 100-VXN up 02c to 23.89; FOMC lowers rates 25bps to 2%
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FOMC Cuts Interest Rates 25 bp to 2%
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FOMC cuts interest rates 25 bp to 2%
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Volatility Index NASDAQ 100-VXN up 05c to 23.92 into FOMC rate decision
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David Moenning's Daily State of the Markets: 04/30
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Trading Radar 4/30: Garmin (GRMN), Kraft (KFT), Starbucks (SBUX), Time Warner (TWX), Procter & Gamble (PG), Las Vegas Sands (LVS); GDP for Q1, ADP Employment Report, and FOMC Policy Statement Due
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David Moenning's Daily State of the Markets: 4/29
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Trading Radar 4/16: Coca-Cola (KO), JP Morgan (JPM), eBay (EBAY), IBM (IBM) Report; CPI Due
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David Moenning's Daily State of the Markets: 4/9
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FOMC Minutes March 18th Meeting (Full)
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FOMC Minutes March 18th Meeting Highlights
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FOMC Minutes: Calibrating Policy Was 'Difficult' - DJ
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FOMC Minutes: Some Fed Officials saw Risk of Prolonged and severe downturn
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David Moenning's Daily State of the Markets: 4/8
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Trading Radar 4/08: MSC Industrial (MSM) Reports Results; Pending Home Sales and FOMC Minutes Due
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Bernanke Testimony Before the Joint Economic Committee, U.S. Congress
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Stocks Rally To Day Highs After Fed 3/4 Point Rate Cut
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Volatility Index NASDAQ 100-VXN down 2.05 to 30.94
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Markets Fall Off Highs After FOMC Announcement
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FOMC: Fisher, Plosser Dissented, Preferred Less Aggressive Action - DJ
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UPDATE: FOMC Cuts Rates 75 bps to 2.25%
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FOMC also cuts discount rate 75 bpt to 2.50%
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The FOMC cut rates 75 bps to 2.25%
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Volatility Index NASDAQ 100-VXN down 2.34 to 30.58 into FOMC rate decision
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Equities Higher Following Upside Goldman, Lehman Results and Ahead of FOMC Decision
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Trading Radar 3/18: FOMC Rate Decision Due; Lehman Bros (LEH), Goldman Sachs (GS) Report Results
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Ides of March Take Down Bear Stearns, Spitzer - Who's Next?
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Fed Cuts Discount Rate to 3.25%
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David Moenning's Daily State of the Markets: 3/11
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FOMC Announces New $200B Plan to Address Liquidity Pressures (Full Text)

