About the Humphrey-Hawkins Report

The Federal Open Market Committee's Humphrey-Hawkins reports are delivered to the Congress semiannually in February and July pursuant to the Full Employment and Balanced Growth Act of 1978. The name Humphrey-Hawkins refers to the legislation's original sponsors, Sen. Hubert Humphrey and Rep. Augustus Hawkins. The reports address monetary policy in the context of the recent and prospective performance of the U.S economy.