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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Top 10 News Items 4/26-4/30: Gulf Oil Spill Could Prove Larger Than Exxon Valdez, European Debt Contagion Returns, Goldman Shares Tumble Amid Fraud Concerns
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Daily State of the Markets 4/29: Help IS on the Way
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FOMC: Leaves Rates Unchanged; Keeps "Extended Period" Language
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CBOE Volatility Index (VIX) down 64c to 22.18 into FOMC policy and rate decision
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Trading Radar for 04/28: Sprint Nextel (S), Visa (V), AOL (AOL), Dow Chemical (DOW), WellPoint (WLP), Xilinx (XLNX) Report
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CBOE Volatility Index (VIX) up 71c to 18.18 into FOMC rate decision on April 28th.
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While Other Fed Heads Want Asset Sales, Bernanke May See This As a Last Step
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Growing Bloc of FOMC Members Want to Start Selling Assets - CNBC
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Daily State of the Markets 4/15: Time To Panic?
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Fed's Beige Book for April 14
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Daily State of the Markets 4/8: Getting Their Due
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Fed's William Dudley Speech: "Asset Bubbles and the Implications for Central Bank Policy"
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Hoenig Argues That Fed Should Start Raising Fed Funds Rate to 1%
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Daily State of the Markets 4/7: A Greek Tragedy (Continued)
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FOMC Minutes from March 16 Meeting
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Daily State of the Markets 4/6: It Takes Both Hands
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Trading Radar for 04/06: Sinovac Biotech (SVA), Northwest Pipe (NWPX), Franklin Covey (FC), Kayne Anderson Energy (KED) Report
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Bernanke Testifies On Federal Reserve's Exit Strategy
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Fed's Hoeing Says He's "Alone", But That Doesn't Mean He's "Not Right"
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Notable ETF Movers 3/17: XLF, KOL, FXI Up; VXX, XLV, UNG Down (MEE, LLEN, VXZ)
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Daily State of the Markets 3/17: It's What They Say That Counts
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FOMC Maintains Fed Funds Rate at 0%-0.25% (Statement)
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FOMC rate decision is expected in 5 minutes
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CBOE Volatility Index (VIX) down 26c to 17.74 into FOMC policy and rate decision
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Trading Radar for 03/16: Discover Financial (DFS), AMBAC Financial (ABK), General Steel (GSI), Ariad Pharma (ARIA) Report
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Dodd's Financial Reform Bill
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Fed's Beige Book for March 4
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Testimony by Bernanke on Semiannual Monetary Policy Report to Congress
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Fed Surprises Markets With Hike To Discount Rate
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Fed Raises Discount Rate 25bp to 75bp
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Minutes Shows Fed Has More Confidence; Raises Growth, Inflation Forecast Slightly
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FOMC Minutes from Jan. 26-27 Meeting
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Several on FOMC Advanced Starting Asset Sales in 'Near Future', Agreed on Need to Shrink Assets 'Substantially Over Time'
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Ben Bernanke: Federal Reserve's Exit Strategy
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Top 10 News Items 1/25-1/29: Bernanke Confirmed for Second Term as Fed Chairman, GDP in Q4 Surged 5.7%, Apple Unveils the iPad
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Daily State of the Markets 1/28: Uncertainty Waning?
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Fed Keeps Rates "Exceptionally Low"; Hawk Hoenig Makes His Presence Known Voting Against Action
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CBOE Volatility Index (VIX) up 21c to 24.76, FOMC leaves discount rate unchanged at 0.5%
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FOMC Statement for Jan. 26, 27 Meeting
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Daily State of the Markets 1/27: Guess They're Serious
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Daily State of the Markets 1/26: Lackluster At Best
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Fed's Beige Book for January 13
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Fed Minutes from Dec. 15-16 Meeting
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Several members of the FOMC said more stimulus "might become desirable"
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Daily State of the Markets 1/4: Programs or Prelude?
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Notable ETF Movers 12/18: UNG, GLD Up; XRT, FXI, XHB Down
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Notable ETF Movers 12/17: UNG, UUP, VXX Up; XLF, GLD, EEM Down

