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Board of Governors of the Federal Reserve System
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Monetary Policy

Features

Federal Reserve issues FOMC statement
January 25, 2012
Watch the FOMC Press Conference
The January 25, 2012 press conference with Chairman of the FOMC, Ben S. Bernanke is now available on demand.

Projections Materials (PDF)

Longer-Run Goals and Policy Strategy
January 25, 2012
Maturity Extension Program and Reinvestment Policy
September 21, 2011
 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: January 25, 2012