FOMC Speak is a repository of speeches, testimony, interviews and commentary by participants of the Federal Open Market Committee (FOMC). Their public remarks are posted on FOMC Speak shortly after they become available online. Users can sort content by speaker or by date.
The FOMC is the main monetary policymaking body of the Federal Reserve System. It has 12 voting members at any one time – the seven members of the Fed's Board of Governors, the president of the Federal Reserve Bank of New York and four of the other 11 Reserve bank presidents, who serve one-year terms on a rotating basis. Although only five presidents serve as voting members of the FOMC in any year, the presidents of all 12 Reserve banks attend every FOMC meeting and participate in the Committee's deliberations.
The FOMC holds eight regularly scheduled meetings per year. During the meetings, the 19 participants share their perspectives on national and international economic conditions; the regional Fed presidents also discuss economic conditions in their local districts. In addition, each participant shares his or her views on what monetary policy actions should be taken.
FOMC Speak was developed by the Federal Reserve Bank of St. Louis.
Read more about the FOMC, view meeting calendars and read transcripts and other historical materials on the Board of Governors of the Federal Reserve System's web site.