Features
Minutes of the Federal Open Market Committee, September 12-13, 2012 October 4, 2012 |
Watch the FOMC Press Conference View the recorded version on-demand. |
Maturity Extension Program and Reinvestment Policy June 20, 2012 |
Credit and Liquidity Programs and the Balance Sheet Expands information provided about the policy tools the Federal Reserve has employed to address the financial crisis. Includes a detailed explanation of the Federal Reserve's balance sheet, discussion of Federal Reserve risk-management practices, and information on the types and amounts of collateral being pledged at various lending facilities. |
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. |
2012 Committee Members
- Ben S. Bernanke, Board of Governors, Chairman
- William C. Dudley, New York, Vice Chairman
- Elizabeth A. Duke, Board of Governors
- Jeffrey M. Lacker, Richmond
- Dennis P. Lockhart, Atlanta
- Sandra Pianalto, Cleveland
- Jerome H. Powell, Board of Governors
- Sarah Bloom Raskin, Board of Governors
- Jeremy C. Stein, Board of Governors
- Daniel K. Tarullo, Board of Governors
- John C. Williams, San Francisco
- Janet L. Yellen, Board of Governors
Alternate Members
- James Bullard, St. Louis
- Charles L. Evans, Chicago
- Esther George, Kansas City
- Eric S. Rosengren, Boston
- Christine M. Cumming, First Vice President, New York
Last update:
May 30, 2012