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 March 20, 2024

FOMC Minutes: PDF | HTML
Released April 10, 2024

Press Conference
March 20, 2024

Projections Materials: PDF | HTML
Released March 20, 2024

Upcoming Dates

Apr/May 30-1 FOMC Meeting
                       Two-day meeting
                       Press Conference

May. 22          FOMC Minutes
                       Meeting of Apr/May 30-1

Jun. 11-12      FOMC Meeting
                        Two-day meeting
                        Press Conference

Jul. 3             FOMC Minutes
                       Meeting of Jun. 11-12

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


Last Update: April 10, 2024
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