What Is the Federal Open Market Committee (FOMC) and What Does It Do? Most people know the FOMC as being synonymous with interest rates—particularly when they go up. But it does much more than that.

Federal Reserve officials expect increased tariffs to put upward pressure on prices, but there's "considerable uncertainty" ...

They believe the Federal Open Market Committee (FOMC) will highlight significant progress in combating inflation and acknowledge rising risks in the labor market, which will signal a readiness to ...

Meet the faces behind the U.S. economy. The Federal Reserve is tasked with maintaining a stable and sound financial system — most notably by raising or lowering interest rates at (what’s ...

WASHINGTON (MarketWatch) -- The Federal Open Market Committee decided in late January that it was "close" to stopping hiking interest rates, but concluded that a few more hikes might be needed to ...

The newly-released minutes from the Federal Open Market Committee’s July 25-26 meeting show that while some officials were prepared to continue June's interest rates hike pause, members continue ...

Wednesday's biggest story for the financial markets is the disclosure of the minutes or notes presented by the Federal Open Market Committee (FOMC) for the meeting held on December 13 and 14, 2022.

WASHINGTON (MarketWatch) -- Many of the members of the Federal Open Market Committee said the quarter-point rate cut on Oct. 31 was a "close call," according to a summary of the closed-door ...

Janet Yellen was sworn in as Federal Reserve chair on Feb. 3, 2014. On March 18 and 19, she led her first Federal Open Market Committee (FOMC) meeting. The meetings are about changes in Fed policy ...

The Federal Open Market Committee will conclude a two-day meeting on Wednesday. ... The FOMC has held the federal-funds rate target at a range of 5.25% to 5.5% since July 2023.