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The Federal Reservepresents testimonytwice each yearto Congress onthe conduct ofmonetary policy

By casaymarie

  • The Federal Reservepresents testimonytwice each yearto Congress onthe conduct ofmonetary policy.

    The Federal Reservepresents testimonytwice each yearto Congress onthe conduct ofmonetary policy.

  • The FOMC releasesthe first semiannualeconomic projections.

    The FOMC releasesthe first semiannualeconomic projections.

  • The Federal Reserve publishes the first “BeigeBook,” which summarizes economic conditions in each Federal Reserve District.

    The Federal Reserve publishes the first “BeigeBook,” which summarizes economic conditions in each Federal Reserve District.

  • The FOMC begins to release a statement disclosing changes in the federal funds rate target.

    The FOMC begins to release a statement disclosing changes in the federal funds rate target.

  • The FOMC begins releasing a statement after every meeting and starts to include an assessment of the balance of risks to achieving its objectives.

    The FOMC begins releasing a statement after every meeting and starts to include an assessment of the balance of risks to achieving its objectives.

  • The results of the FOMC roll-call vote are added to the post-meeting statement

    The results of the FOMC roll-call vote are added to the post-meeting statement

  • The FOMC speeds up the release of its minutes: Now there is only a three week lag, instead of waiting until after the next regularly scheduled meeting, which meant a lag of about six weeks.

    The FOMC speeds up the release of its minutes: Now there is only a three week lag, instead of waiting until after the next regularly scheduled meeting, which meant a lag of about six weeks.

  • The FOMC decides to release its economic projections four times a year.

    The FOMC decides to release its economic projections four times a year.