Features
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FOMC statement January 27, 2010 |
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Credit and Liquidity Programs and the Balance Sheet January 2010 report |
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Minutes of Federal Open Market Committee December 15-16, 2009: 318 KB PDF | HTML |
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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
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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. |
2010 Committee Members
- Ben S. Bernanke, Board of Governors, Chairman
- William C. Dudley, New York, Vice Chairman
- James Bullard, St. Louis
- Elizabeth A. Duke, Board of Governors
- Thomas Hoenig, Kansas City
- Donald L. Kohn, Board of Governors
- Sandra Pianalto, Cleveland
- Eric S. Rosengren, Boston
- Daniel K. Tarullo, Board of Governors
- Kevin M. Warsh, Board of Governors
Alternate Members
- Charles L. Evans, Chicago
- Richard W. Fisher, Dallas
- Narayana Kocherlakota, Minneapolis
- Charles I. Plosser, Philadelphia
- Christine M. Cumming, First Vice President, New York
Last update:
January 27, 2010
