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Federal Open Market Committee (FOMC)

Federal Open Market Committee (FOMC)

  • inflation surveys and the fomc

    Consumer Surveys, Inflation Expectations and the FOMC

    Tuesday, August 30, 2016

    The FOMC seems to be paying attention to consumer surveys about inflation expectations. But how much do consumers know about inflation?

  • inflation expectations and fed credibility

    Comments on the FOMC's Amendments to Its Statement on Longer-Run Goals

    Tuesday, February 16, 2016

    St. Louis Fed President James Bullard discusses why he recently dissented on the proposed amendments to the FOMC’s statement on longer-run goals.

  • inflation expectations and fed credibility

    How Is Normalization of Monetary Policy Going to Work?

    Monday, August 03, 2015

    The timing of when the FOMC will start returning monetary policy to normal remains to be determined, but the steps that the FOMC plans to take have been outlined.

  • inflation expectations and fed credibility

    What the Markets Are Signaling about Inflation Expectations and Fed Credibility

    Monday, July 13, 2015

    The Federal Open Market Committee targets 2 percent inflation. The markets don’t appear to believe inflation will hit this target anytime soon.

  • The Steps for the FOMC to Return to Normal Monetary Policy

    Tuesday, July 07, 2015

    The Federal Open Market Committee has outlined its intended process for “normalizing” the stance of monetary policy and its securities holdings.

  • FOMC Speak

    A repository of speeches, testimony, interviews and commentary by FOMC participants.

  • fomc statement language

    The Word "Patient" Isn't New to the FOMC Statement

    Monday, January 12, 2015

    Many Federal Reserve observers watch Federal Open Market Committee statements for clues on when the Fed may raise interest rates. They may want to look at statements from a decade ago.

  • A History of FOMC Dissents

    Tuesday, September 16, 2014

    After several years with few dissents, the number of dissenting votes on FOMC policy decisions averaged nearly one per meeting between 2008 and 2013. Over that period, Reserve bank presidents accounted for all of those dissents. How do these recent observations compare with historical data on dissents?

  • Making Sense of Dissents: A History of FOMC Dissents

    This article presents a record of dissents on Federal Open Market Committee (FOMC) monetary policy votes from the Committee's inception in its modern form in 1936 through 2013. Dissents were rare during the Committee's first 20 years but began to increase in the late 1950s.

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    In Plain English Online Course for Consumers

    Want to learn about the Federal Reserve? Have no fear! In Plain English describes the structure and functions of the Federal Reserve System in an easy-to-understand interactive format.

    More about the In Plain English online course.