Features
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FOMC statement March 15, 2011 |
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Minutes of the Federal Open Market Committee January 25-26, 2011: 378 KB PDF | HTML |
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Credit and Liquidity Programs and the Balance Sheet Expands information provided about the policy tools the Federal Reserve has employed to address the financial crisis. Includes a detailed explanation of the Federal Reserve's balance sheet, discussion of Federal Reserve risk-management practices, and information on the types and amounts of collateral being pledged at various lending facilities. |
Federal Open Market Committee
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Monetary policy is made by the Federal Open Market Committee (FOMC), which consists of the members of the Board of Governors of the Federal Reserve System and five Reserve Bank presidents. The FOMC holds eight regularly scheduled meetings during the year, and other meetings as needed. |
2011 Committee Members
- Ben S. Bernanke, Board of Governors, Chairman
- William C. Dudley, New York, Vice Chairman
- Elizabeth A. Duke, Board of Governors
- Charles L. Evans, Chicago
- Richard W. Fisher, Dallas
- Narayana Kocherlakota, Minneapolis
- Charles I. Plosser, Philadelphia
- Sarah Bloom Raskin, Board of Governors
- Daniel K. Tarullo, Board of Governors
- Kevin M. Warsh, Board of Governors
- Janet L. Yellen, Board of Governors
Alternate Members
- Jeffrey Lacker, Richmond
- Dennis Lockhart, Atlanta
- Sandra Pianalto, Cleveland
- John C. Williams, San Francisco
- Christine M. Cumming, First Vice President, New York
Last update:
March 15, 2011
