Monetary policy in the United States comprises the Federal Reserve's actions and communications to promote maximum employment, stable prices, and moderate long-term interest rates--the three economic goals the Congress has instructed the Federal Reserve to pursue.

The Federal Reserve conducts the nation's monetary policy by managing the level of short-term interest rates and influencing the overall availability and cost of credit in the economy. Monetary policy directly affects short-term interest rates; it indirectly affects longer-term interest rates, currency exchange rates, and prices of equities and other assets and thus wealth. Through these channels, monetary policy influences household spending, business investment, production, employment, and inflation in the United States.

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Federal Open Market Committee

Recent Documents

FOMC Statement: PDF | HTML
Released April 29, 彩神8官方版

Press Conference
April 29, 彩神8官方版

FOMC Minutes: PDF | HTML
Released May 20, 彩神8官方版

Projection Materials: PDF | HTML
Released December 11, 2019

Upcoming Dates

June 9-10        FOMC Meeting
                         Two-day meeting
                         Press Conference

July 1               FOMC Minutes
                         Meeting of June 9-10

July 28-29        FOMC Meeting
                         Two-day meeting
                         Press Conference

August 19        FOMC Minutes
                         Meeting of July 28-29

Monetary Policy Principles and Practice

Six short notes on the principles of sound monetary policy and central banks' practices in setting and implementing monetary policy

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Last Update: May 27, 彩神8官方版
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