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Board of Governors of the Federal Reserve System
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Monetary Policy

Features

Minutes of Federal Open Market Committee
December 15-16, 2008  264 KB PDF | HTML
FOMC statement
December 16, 2008
Seal of Board of Governors of the Federal Reserve System Information Regarding Recent Federal Reserve Actions
Comprehensive list of links to information related to recent Federal Reserve actions, including links to press releases, Federal Register notices, and other related information.

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

2008 Committee Members

  Alternate Members

 
Last update: January 6, 2009