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 January 31, 2024

FOMC Minutes: PDF | HTML
Released February 21, 2024

FOMC Statement: PDF | HTML
Released December 13, 2023

Press Conference
January 31, 2024

Upcoming Dates

Mar. 19-20      FOMC Meeting
                        Two-day meeting
                        Press Conference

Apr. 10           FOMC Minutes
                       Meeting of Mar. 19-20

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

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


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: February 21, 2024
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