Federal Open Market Committee Report

The Federal Open Market Committee (FOMC) holds eight regularly scheduled meetings each year. The FOMC is charged with overseeing the nation's open market operations and as such, is the main actor in setting US monetary policy. The Committee is made up of 12 voting members, including the seven members of the Federal Reserve Board, the president of the Federal Reserve Bank of New York, and four other rotating Federal Reserve Bank presidents. At each meeting, the members vote on the policy to be carried out for the duration of time until the next meeting.

Major Federal Open Market Committee Indicators

Indicator Period Value % Chg Prev
FOMC Meeting
US Target Federal Funds Rate Dec 13 2017 1.25%
View and sort all 2 Federal Open Market Committee Report Indicators
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