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Board of Governors of the Federal Reserve System
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Monetary Policy


Board room Federal Open Market Committee (FOMC) Calendar

FOMC Longer-Run Goals and Monetary Policy Strategy (PDF)

FOMC Policy Normalization Principles and Plans

Related information: 
Recent StatementRecent MinutesView All >

FOMC press conference
Press conference with FOMC Chair, Janet L. Yellen, March 18, 2015.

Opening Statement (PDF)
FOMC Transcripts and Presentation Materials
2009 FOMC Transcripts and Presentation Materials
 Credit and Liquidity Programs and the Balance Sheet
Information about the policy tools the Federal Reserve 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 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

2015 Committee Members

Alternate Members



Last update: March 18, 2015