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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Bernanke Testimony To Congrees (Full Text)
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David Moenning's Daily State of the Markets: 2/21
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FOMC Minutes: Fed Cuts 2008 GDP Forecast, Raises Inflation and Jobless Rate Forecast
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FOMC Minutes: Fisher Vote Against Action
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FOMC Minutes: Several fed officials saw significant risk of downturn
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Trading Radar 2/20: CPI, FOMC Minutes Due; Garmin (GRMN), TJX (TJX) Report Results
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Bernanke Testimony To Committee on Banking, Housing, and Urban Affairs (Full Text)
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Merrill Lynch Sees Possibility Of Another Inter-Meeting Cut - CNBC
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FOMC Cuts Interest Rates 50bp to 3% (Full Text)
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FOMC cuts rates 50bp
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Volatility Index NASDAQ 100-VXN up .60 to 33.45 into FOMC rate decision
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Trading Radar 1/30: Fed Rate Decision; Altria (MO), Boeing (BA), Amazon.com (AMZN) Earnings Due
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KeyBanc Strategist McCain Sees Another 50bp Fed Rate Cut
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FOMC Did Not Know About the Societe Generale Fraud - CNBC
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David Moenning's Daily State of the Markets: 1/23
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Fed Cuts Rates 75bp to 3.50

