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Board of Governors of the Federal Reserve System
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Monetary Policy

Features

Board room Federal Open Market Committee (FOMC) Calendar

FOMC Longer-Run Goals and Policy Strategy (PDF) 

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Watch the FOMC Press Conference
December 12, 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

2013 Committee Members

Alternate Members

 
Last update: January 29, 2013