Monetary policy in the United States comprises the Federal Reserve's actions and communications to promote maximum employment, stable prices, and moderate long-term interest rates--the economic goals the Congress has instructed the Federal Reserve to pursue.

Review of Monetary Policy Strategy, Tools, and Communications

In a review conducted over 2019 and 2020, the Fed took a step back to consider whether the U.S. monetary policy framework could be improved to better meet future challenges. Here are the results.


Federal Open Market Committee

Recent Documents

FOMC Statement: PDF | HTML
Released September 18, 2024

FOMC Minutes: PDF | HTML
Released August 21, 2024

Press Conference
September 18, 2024

Projections Materials: PDF | HTML
Released September 18, 2024

Upcoming Dates

Oct. 9             FOMC Minutes
                       Meeting of Sep. 17-18

Nov. 6-7         FOMC Meeting
                       Two-day meeting
                       Press Conference

Nov. 26          FOMC Minutes
                       Meeting of November 6-7

Dec. 17-18     FOMC Meeting
                       Two-day meeting
                       Press Conference


Monetary Policy Principles and Practice

Six short notes on the principles of sound monetary policy and central banks' practices in setting and implementing monetary policy

View Notes

Reports

Last Update: September 18, 2024
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