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.
View Older Stories View More Recent Stories
-
S&P 500, Nasdaq Trade at Lows Following FOMC Rate Decision
-
Most Fed Officials Back Balance Sheet Move at Upcoming Meeting - FOMC Minutes
-
Yellen Says Inflation Response to Economy is Key Uncertainty
-
Major Indexes Trade in Tight Range Ahead of Fed
-
Dow Jones Average Tops 21,000
-
UPDATE: Most Fed Officials Saw Tightening Likely Appropriate Soon
-
S&P 500 Treads Water Ahead of FOMC Meeting Minutes
-
S&P 500 Reverses and Heads Lower Following FOMC; Stocks Initially Spiked
-
FOMC Raises Target Fed Funds Rate by 1/4% (Full Statement)
-
Fed Keeps Current Rates; Says Case for Hike has Continued to Strengthen
-
Markets Waver, Rise Following Latest FOMC Minutes (QQQ) (SPY)
-
Fed keeps rates unchanged as three officials dissent for hike
-
FOMC Maintains Interest Rates (Full Statement)
-
Stocks Regain Strength Into FOMC Statement
-
Markets Move to Session Lows Ahead of FOMC
-
Fed Officials Split in July on Whether Rate Hike Needed Soon - Minutes
-
FOMC Maintains Rates (Full Statement)
-
FOMC Minutes: Almost All Officials Saw May Payrolls Raising Uncertainty
-
Fed's Bullard: Usual Cyclical Dynamics Can No Longer be Relied Upon
-
Fed's Kashkari Sees Brexit Financial Stability Risks for U.S. as 'Likely Modest'; Thinks U.K. in EU is Best Outcome
-
FOMC Leaves Rates Unchanged (Full Statement)
-
FOMC Leaves Rates Unchanged
-
Janet Yellen Speech: Economic Outlook and Monetary Policy (Full Text)
-
Most Fed Officials Saw June Hike 'Likely' if Economy Warranted - FOMC Minutes
-
Fed Leaves Rates Unchanged; Removes Reference to Global Events Posing Risks to Outlook
-
FOMC Minutes March 15-16: Members Mixed on April Rate Hike
-
Fed's Mester: Rate Policy to Still be Accommodative for 'Some Time'; U.S. Underlying Economic Fundamentals 'Sound'
-
Feds Evans Says Risks Tilt Down, Rate Path Should be Shallow
-
Yellen: Fed has 'Considerable Scope' for Stimulus If Needed; Caution in Raising Rates 'Especially Warranted'
-
Fed's Lockhart Sees Rate Hikes Justified in 2016, Possibly as Soon as April
-
FOMC Maintains Rates; Median Forecast Implies Two 2016 Hikes Versus Four
-
Many Fed Officials saw Increased Downside Risks; Most Saw Solid Job Market in 2016 - FOMC Minutes
-
Yellen Semiannual Testimony to Congress: Economy to Warrant Only Gradual Rate Increases
-
S&P 500 Pressured Following Release of FOMC Statement
-
FOMC Full Statement: FOMC Maintains Rates; Closely Monitoring Global Developments
-
FOMC Maintains Rates; Closely Monitoring Global Developments
-
Almost All Fed Officials Agreed Liftoff Conditions Met in Dec.; Some Saw Dec. Hike as 'Close Call'
-
Fed Raises Interest Rates 0.25 Point in Unanimous Vote
-
Yellen: Delaying Liftoff Too Long Risks Abrupt Tightening Later; Market Gains Bolster Confidence
-
FOMC Members Wanted to Convey Dec. Liftoff May be Appropriate - Minutes
-
Fed's Mester Sees Economy Able to Handle Rate Increase; Doesn't Expect Hike to Tighten Markets
-
Fed's Evans Sees Federal Funds Rate Below 1% at End of 2016
-
Markets Dip Following FOMC Statement; Dec. Rate Hike Now More Favorable (SPY) (DIA) (QQQ)
-
Fed Says U.S. Economy has Been Expanding at Moderate Pace; Doesn't See Global Developments Restraining Growth
-
Fed Officials Said 'Prudent' to Wait for Clarity on Outlook
-
Fed's Evans Could be Convinced of 2015 Rate Hike; Would Like to See Gradual Increase
-
Fed Leaves Rates Unchanged
-
Fed Leaves Interest Rates Unchanged
-
Markets Soften as FOMC Meeting Kicks Off
-
Fed's Lockhart Expects Fed Policy Normalization to 'Proceed Gradually' - Public Pension Speech

