skip to main navigation skip to secondary navigation skip to content
Board of Governors of the Federal Reserve System
skip to content
Monetary Policy

Features

Watch the FOMC Press Conference
View the recorded version on-demand. 
 
Federal Reserve issues FOMC statement
September 13, 2012
Maturity Extension Program and Reinvestment Policy
June 20, 2012
 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

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.

More information

2012 Committee Members

Alternate Members

 
Last update: May 30, 2012