Monetary Policy Releases

• December 30, 2008
  Federal Reserve announces details of program to purchase mortgage-backed securities
• December 30, 2008
  Federal Reserve announces results of auction of $150 billion in 83-day credit held on December 29, 2008
• December 29, 2008
  Federal Reserve will offer $150 billion in 83-day credit through its Term Auction Facility today
• December 19, 2008
  Federal Reserve releases revised information detailing operational aspects of Term Asset-Backed Securities Loan Facility (TALF)
• December 19, 2008
  Federal Reserve and other central banks announce schedules for term auctions of U.S. dollar liquidity
• December 18, 2008
  Approval of the discount rate action of the Federal Reserve Bank of Philadelphia
• December 17, 2008
  Approval of the discount rate action of the Federal Reserve Banks of Dallas and Boston
• December 16, 2008
  Federal Reserve issues technical note concerning the calculation of interest rates on required reserve balances and excess balances for the maintenance periods ending December 17, 2008
• December 16, 2008
  Approval of the discount rate action of the Federal Reserve Banks of Chicago and Kansas City
• December 16, 2008
  FOMC statement and Board approval of discount rate requests of the Federal Reserve Banks of New York, Cleveland, Richmond, Atlanta, Minneapolis, and San Francisco
• December 16, 2008
  Federal Reserve announces results of auction of $150 billion in 28-day credit held on December 15, 2008
• December 15, 2008
  Federal Reserve will offer $150 billion in 28-day credit through its Term Auction Facility today
• December 9, 2008
  Federal Reserve announces it will conduct two auctions of term credit through its Term Auction Facility (TAF) in January 2009
• December 2, 2008
  Federal Reserve announces the extension of three liquidity facilities through April 30, 2009
• December 2, 2008
  Federal Reserve announces results of auction of $150 billion in 84-day credit held on December 1, 2008
• December 1, 2008
  Federal Reserve will offer $150 billion in 84-day credit through its Term Auction Facility today
• November 25, 2008
  Minutes of Board discount rate meetings, September 29 through October 29, 2008
• November 25, 2008
  Federal Reserve announces results of auction of $150 billion in 13-day credit held on November 24, 2008
• November 25, 2008
  Federal Reserve announces it will initiate a program to purchase the direct obligations of housing-related government-sponsored enterprises and mortgage-backed securities backed by Fannie Mae, Freddie Mac, and Ginnie Mae
• November 25, 2008
  Federal Reserve announces the creation of the Term Asset-Backed Securities Loan Facility (TALF)
• November 24, 2008
  Federal Reserve will offer $150 billion in 13-day credit through its Term Auction Facility today
• November 20, 2008
  FOMC announces it will expand its December meeting to two days
• November 19, 2008
  Minutes of Federal Open Market Committee, September 29, October 7, and October 28-29, 2008
• November 18, 2008
  Federal Reserve announces results of auction of $150 billion in 28-day credit held on November 17, 2008
• November 17, 2008
  Federal Reserve will offer $150 billion in 28-day credit through its Term Auction Facility today
• November 12, 2008
  Federal Reserve announces results of auction of $150 billion in 17-day credit held on November 10, 2008
• November 10, 2008
  Federal Reserve will offer $150 billion in 17-day credit through its Term Auction Facility today
• November 5, 2008
  Federal Reserve announces it will alter formulas used to determine interest rates paid to depository institutions on required reserve balances and excess reserve balances
• November 4, 2008
  Federal Reserve announces results of auction of $150 billion in 84-day credit held on November 3, 2008
• November 3, 2008
  Federal Reserve will offer $150 billion in 84-day credit through its Term Auction Facility today
• October 31, 2008
  Approval of the discount rate action of the Federal Reserve Bank of Atlanta
• October 30, 2008
  Approval of the discount rate action of the Federal Reserve Banks of Philadelphia, Richmond, Minneapolis, and Dallas
• October 29, 2008
  Approval of the discount rate action of the Federal Reserve Banks of Chicago, Kansas City, and St. Louis
• October 29, 2008
  Federal Reserve, Banco Central do Brasil, Banco de Mexico, Bank of Korea, and Monetary Authority of Singapore announce the establishment of temporary reciprocal currency arrangements
• October 29, 2008
  FOMC statement and approval of discount rate action by Federal Reserve Banks of Boston, New York, Cleveland, and San Francisco
• October 28, 2008
  Federal Reserve and Reserve Bank of New Zealand announce the establishment of a temporary reciprocal currency arrangement
• October 22, 2008
  Federal Reserve announces it will alter the formula used to determine the interest rate paid to depository institutions on excess balances
• October 21, 2008
  Federal Reserve announces results of auction of $150 billion in 28-day credit held on October 20, 2008
• October 21, 2008
  Federal Reserve announces the creation of the Money Market Investor Funding Facility (MMIFF)
• October 20, 2008
  Federal Reserve will offer $150 billion in 28-day credit through its Term Auction Facility today
• October 14, 2008
  FOMC authorizes an increase in the size of its temporary reciprocal currency arrangement with the Bank of Japan
• October 14, 2008
  Minutes of Board discount rate meetings, August 18 through September 15, 2008
• October 14, 2008
  Board announces additional details regarding the Commercial Paper Funding Facility (CPFF)
• October 14, 2008
  Joint statement by Federal Reserve, U.S. Department of the Treasury, and Federal Deposit Insurance Corporation (FDIC)
• October 13, 2008
  Federal Reserve and other central banks announce further measures to provide broad access to liquidity and funding to financial institutions
• October 8, 2008
  Approval of the discount rate action of the Federal Reserve Banks of New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, Minneapolis, Kansas City, Dallas, San Francisco, and St. Louis
• October 8, 2008
  Federal Reserve and other central banks announce reductions in policy interest rates
• October 7, 2008
  Minutes of Federal Open Market Committee, September 16, 2008
• October 7, 2008
  Federal Reserve announces results of auction of $150 billion in 85-day credit held on October 6, 2008
• October 7, 2008
  Board announces creation of the Commercial Paper Funding Facility (CPFF) to help provide liquidity to term funding markets
• October 7, 2008
  Federal Reserve and other central banks announce schedules for term and forward auctions of U.S. dollar liquidity for fourth quarter
• October 6, 2008
  Federal Reserve will offer $150 billion in 85-day credit through its Term Auction Facility today
• October 6, 2008
  Board announces that it will begin to pay interest on depository institutions' required and excess reserve balances
• September 29, 2008
  Federal Reserve Ready to Provide Liquidity in Wachovia Transition
• September 29, 2008
  Federal Reserve and other central banks announce further coordinated actions to expand significantly the capacity to provide U.S. dollar liquidity
• September 26, 2008
  Federal Reserve and other central banks announce operations to address funding pressures over quarter end
• September 24, 2008
  Federal Reserve and other central banks announce additional measures to address elevated pressures in funding markets
• September 23, 2008
  Federal Reserve announces results of auction of $75 billion in 28-day credit held on September 22, 2008
• September 22, 2008
  Federal Reserve will offer $75 billion in 28-day credit through its Term Auction Facility today
• September 21, 2008
  Board approves, pending a statutory five-day antitrust waiting period, the applications of Goldman Sachs and Morgan Stanley to become bank holding companies and also authorizes the Federal Reserve Bank of New York to extend credit to the London-based broker-dealer subsidiaries of Goldman Sachs, Morgan Stanley, and Merrill Lynch
• September 19, 2008
  Board approves two interim final rules in connection with initiative to provide liquidity to markets by extending loans to banking organizations to finance their purchases of high-quality asset-backed commercial paper (ABCP) from money market mutual funds
• September 19, 2008
  Federal Reserve Board announces two enhancements to its programs to provide liquidity to markets
• September 18, 2008
  Federal Reserve and other central banks announce further measures to address elevated pressures in funding markets
• September 16, 2008
  FOMC statement
• September 14, 2008
  Federal Reserve Board announces several initiatives to provide additional support to financial markets, including enhancements to its existing liquidity facilities
• September 10, 2008
  Federal Reserve announces results of auction of $25 billion in 28-day credit held on September 9, 2008
• September 9, 2008
  Federal Reserve will offer $25 billion in 28-day credit through its Term Auction Facility today
• September 9, 2008
  Federal Reserve announces results of auction of $25 billion in 84-day credit held on September 8, 2008
• September 8, 2008
  Federal Reserve will offer $25 billion in 84-day credit through its Term Auction Facility today
• September 2, 2008
  Minutes of Board discount rate meetings, July 7 through August 4, 2008
• August 26, 2008
  Minutes of Federal Open Market Committee, July 24 and August 5, 2008
• August 26, 2008
  Federal Reserve announces results of auction of $75 billion in 28-day credit held on August 25, 2008
• August 25, 2008
  Federal Reserve will offer $75 billion in 28-day credit through its Term Auction Facility today
• August 13, 2008
  Federal Reserve announces results of auction of $50 billion in 28-day credit held on August 12, 2008
• August 12, 2008
  Federal Reserve will offer $50 billion in 28-day credit through its Term Auction Facility today
• August 12, 2008
  Federal Reserve announces results of auction of $25 billion in 84-day credit held on August 11, 2008
• August 11, 2008
  Federal Reserve will offer $25 billion in 84-day credit through its Term Auction Facility today
• August 5, 2008
  FOMC statement
• July 30, 2008
  Federal Reserve announces steps to enhance the effectiveness of its existing liquidity facilities
• July 29, 2008
  Federal Reserve announces results of auction of $75 billion in 28-day credit held on July 28, 2008
• July 28, 2008
  Federal Reserve will offer $75 billion in 28-day credit through its Term Auction Facility today
• July 22, 2008
  Minutes of Board discount rate meetings, May 19 through June 23, 2008
• July 16, 2008
  Minutes of Federal Open Market Committee, June 24-25, 2008
• July 15, 2008
  Federal Reserve announces results of auction of $75 billion in 28-day credit held on July 14, 2008
• July 14, 2008
  Federal Reserve will offer $75 billion in 28-day credit through its Term Auction Facility today
• July 1, 2008
  Federal Reserve will offer $75 billion in 28-day credit through its Term Auction Facility on July 14 and 28, 2008
• July 1, 2008
  Federal Reserve announces results of auction of $75 billion in 28-day credit held on June 30, 2008
• June 30, 2008
  Federal Reserve will offer $75 billion in 28-day credit through its Term Auction Facility today
• June 25, 2008
  FOMC statement
• June 17, 2008
  Federal Reserve announces results of auction of $75 billion in 28-day credit held on June 16, 2008
• June 16, 2008
  Federal Reserve will offer $75 billion in 28-day credit through its Term Auction Facility today
• June 3, 2008
  Tentative 2009 FOMC meeting schedule
• June 3, 2008
  Federal Reserve announces results of auction of $75 billion in 28-day credit held on June 2, 2008
• June 2, 2008
  Federal Reserve will offer $75 billion in 28-day credit through its Term Auction Facility today
• May 29, 2008
  Federal Reserve will offer $75 billion in 28-day credit through its Term Auction Facility on June 2, 16, and 30, 2008
• May 27, 2008
  Minutes of Board discount rate meetings, March 31 through April 30, 2008
• May 21, 2008
  Minutes of Federal Open Market Committee, April 29-30, 2008
• May 20, 2008
  Federal Reserve announces results of auction of $75 billion in 28-day credit held on May 19, 2008
• May 19, 2008
  Federal Reserve will offer $75 billion in 28-day credit through its Term Auction Facility today
• May 6, 2008
  Federal Reserve announces results of auction of $75 billion in 28-day credit held on May 5, 2008
• May 5, 2008
  Federal Reserve will offer $75 billion in 28-day credit through its Term Auction Facility today
• May 2, 2008
  Federal Reserve, European Central Bank, and Swiss National Bank announce an expansion of liquidity measures
• May 1, 2008
  Approval of the discount rate action of the Federal Reserve Banks of Boston, Philadelphia, Richmond, Minneapolis, and Dallas
• April 30, 2008
  Approval of the discount rate action of the Federal Reserve Banks of Chicago, Kansas City, and St. Louis
• April 30, 2008
  FOMC statement and Board approval of discount rate requests of the Federal Reserve Banks of New York, Cleveland, Atlanta, and San Francisco
• April 22, 2008
  Federal Reserve announces results of auction of $50 billion in 28-day credit held on April 21, 2008
• April 21, 2008
  Federal Reserve will offer $50 billion in 28-day credit through its Term Auction Facility today
• April 15, 2008
  Minutes of Board discount rate meetings, February 19 through March 18, 2008
• April 8, 2008
  Minutes of Federal Open Market Committee, March 10 and 18, 2008
• April 8, 2008
  Federal Reserve announces results of auction of $50 billion in 28-day credit held on April 7, 2008
• April 7, 2008
  Federal Reserve will offer $50 billion in 28-day credit through its Term Auction Facility today
• March 28, 2008
  Federal Reserve will offer $50 billion in 28-day credit through its Term Auction Facility on April 7 and April 21, 2008
• March 25, 2008
  Federal Reserve announces results of auction of $50 billion in 28-day credit held on March 24, 2008
• March 24, 2008
  Federal Reserve will offer $50 billion in 28-day credit through its Term Auction Facility today
• March 20, 2008
  Approval of the discount rate action of the Federal Reserve Bank of Philadelphia
• March 19, 2008
  Approval of the discount rate action of the Federal Reserve Banks of Richmond, Minneapolis, and Atlanta
• March 18, 2008
  Approval of the discount rate action of the Federal Reserve Banks of Cleveland, Chicago, Kansas City, Dallas, and St. Louis
• March 18, 2008
  FOMC statement and Board approval of discount rate requests of the Federal Reserve Banks of Boston, New York, and San Francisco
• March 17, 2008
  Approval of the discount rate action of the Federal Reserve Banks of Boston, Cleveland, Richmond, Chicago, Minneapolis, Kansas City, and San Francisco
• March 16, 2008
  Federal Reserve announces two initiatives designed to bolster market liquidity and promote orderly market functioning
• March 14, 2008
  The Federal Reserve is monitoring market developments closely and will continue to provide liquidity as necessary to promote the orderly functioning of the financial system
• March 11, 2008
  Federal Reserve announces results of auction of $50 billion in 28-day credit held on March 10, 2008
• March 11, 2008
  Federal Reserve and other central banks announce specific measures designed to address liquidity pressures in funding markets
• March 10, 2008
  Federal Reserve will offer $50 billion in 28-day credit through its Term Auction Facility today
• March 7, 2008
  Federal Reserve announces two initiatives to address heightened liquidity pressures in term funding markets
• February 29, 2008
  Federal Reserve will offer $30 billion in 28-day credit through its Term Auction Facility on March 10 and March 24, 2008
• February 26, 2008
  Minutes of Board discount rate meetings, January 21 through January 30, 2008
• February 26, 2008
  Federal Reserve announces results of auction of $30 billion in 28-day credit held on February 25, 2008
• February 22, 2008
  Federal Reserve will offer $30 billion in 28-day credit through its Term Auction Facility on February 25, 2008
• February 20, 2008
  Minutes of Federal Open Market Committee, January 9, 21, and 29-30, 2008
• February 12, 2008
  Federal Reserve announces results of auction of $30 billion in 28-day credit held on February 11, 2008
• February 8, 2008
  Federal Reserve will offer $30 billion in 28-day credit through its Term Auction Facility on February 11, 2008
• February 1, 2008
  Federal Reserve will conduct two auctions of 28-day credit through its Term Auction Facility in February
• January 31, 2008
  Approval of the discount rate action of the Federal Reserve Banks of Richmond, Minneapolis, and Dallas
• January 30, 2008
  FOMC statement and Board approval of discount rate requests of the Federal Reserve Banks of Boston, New York, Philadelphia, Cleveland, Atlanta, Chicago, St. Louis, Kansas City, and San Francisco
• January 29, 2008
  Federal Reserve announces results of auction of $30 billion in 28-day credit held on January 28, 2008
• January 25, 2008
  Federal Reserve will offer $30 billion in 28-day credit through its Term Auction Facility on January 28, 2008
• January 24, 2008
  Approval of the discount rate action of the Federal Reserve Banks of Atlanta and Kansas City
• January 22, 2008
  Approval of the discount rate action of the Federal Reserve Banks of Boston, New York, Philadelphia, Cleveland, Richmond, Dallas, San Francisco, and St. Louis
• January 22, 2008
  FOMC statement and Board approval of discount rate requests of the Federal Reserve Banks of Chicago and Minneapolis
• January 15, 2008
  Federal Reserve announces results of auction of $30 billion in 28-day credit held on January 14, 2008
• January 11, 2008
  Federal Reserve will offer $30 billion in 28-day credit through its Term Auction Facility on January 14, 2008
• January 8, 2008
  Minutes of Board discount rate meetings, November 5 through December 11, 2007
• January 4, 2008
  Federal Reserve will conduct two auctions of 28-day credit through its Term Auction Facility in January
• January 2, 2008
  Minutes of Federal Open Market Committee, December 6 and 11, 2007

2008 Press Releases: