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
-
Fed Governor Lael Brainard Urged Continued Prudence in Removing Accommodation
-
UPDATE: Fed's Lacker Says Fed Funds Rate Too Low, Citing Benchmarks
-
Janet Yellen Jackson Hole Speech; Rate Hike Case has Strengthened
-
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
-
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 Full Statement: Removes Reference to Global Event Risks
-
FOMC Minutes March 15-16: Members Mixed on April Rate Hike
-
Fed's Lockhart said rate hike justified as early as April FOMC meeting - Bloomberg
-
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
-
Are Gold Speculators Betting on 'One and Done'?
-
Almost All Fed Officials Agreed Liftoff Conditions Met in Dec.; Some Saw Dec. Hike as 'Close Call'
-
FOMC Full Statement: Fed Raises Rates 0.25 Points
-
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 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
-
Gold Shines as FOMC Kicks the Can
-
Fed Leaves Interest Rates Unchanged
-
'Too Early' on Gold Turn Around, Nomura Says (GLD)
-
Gold Higher on Fed, Kazakhstan (GLD) (ABX) (NEM)
-
Fed says labor market continued to improve, job gains solid
-
FOMC Saw Conditions Still Approaching Those Warranting Liftoff; Officials Expressed Concern About Greece - June Minutes
-
Fed Says Labor Market Slack has 'Diminished Somewhat' - FOMC Statement
-
Yellen Says Rate Hike at Some Point This Year 'Appropriate'
-
Many Fed Officials saw June Rate Rise as Unlikely - FOMC Minutes
-
FOMC Statement: Winter Slowdown Partly Reflects 'Transitory Factors'
-
FOMC sees moderate growth even after Q1 slowdown, reflects 'transitory factors'
-
Fed Officials Favoring Liftoff Later in 2015 Cited Dollar, Oil
-
Fed's Lacker Sees 'Strong' Case for June 'Liftoff'
-
Fed Drops 'Patient' Stance on Interest Rate; Rate raise 'remains unlikely' at April FOMC meeting
-
All Eyes on Yellen, But No Strong Signal Expected
-
Many Fed Officials Inclined to Stay at Zero Longer; Dropping 'Patient' May Lead to Date Focus - FOMC Minutes
-
Gold Remains Active Following FOMC Rate Commentary (GLD)
-
UPDATE: Fed Expects Inflation to Rise Gradually Toward 2%; Can be Paient in Raising Rates - Minutes
-
Fed Officials saw Rate Rise Unlikely Before April - FOMC Minutes
-
UPDATE: FOMC Says it Can be 'Patient' in Approach to Raising Rates
-
Fed's Dudley: Drop in Energy Prices Positive for U.S. Economy
-
UPDATE: Fed Officials Saw Need to Watch for Inflation Expectations to Drop - FOMC Minutes
-
Gold Miners Hit Session Lows Following Fed (NEM) (GG) (ABX) (GLD) (GDX)
-
Fed Ends Third Round of QE as Planned; Sees 'Solid Job Gains' with Lower Unemployment
-
Fed Officials Saw Global Slowdown Among Risks to U.S. Outlook

