Board of Governors of the Federal Reserve System

FOMC’s policy decisions. The FOMC sets monetary policy that pro- motes...FOMC’s policy deliberations through the timely provision of high-quality

FOMC’s target federal funds rate. A key feature of this system is that...FOMC’s target federal funds rate. If the aggregate supply of reserves

FOMC and Board material in accordance with records retention and disposition...FOMC and Board records that were approved by the National Archives and

FOMC) and the Board of Governors of the Federal Reserve System, the manager...FOMC meetings. Following the dis- cussion, the Committee unanimously approved

FOMC’s Summary of Economic Projections. For example, in the most recent...FOMC’s objective of 2 percent in the middle of last year to a rate of

FOMC will devote time at a series of our regular meetings to assess lessons...FOMC’s efforts to achieve transparency and accountability. The Fed, like

FOMC) symmetric 2 percent objective, and crosscurrents, such as trade ...FOMC maintained the target range for the federal funds rate at 2-1/4 to

FOMC minutes Percent Variable Median1 Central tendency2 Range3 2015 2016...FOMC participants’ assessments of appropriate monetary policy: Midpoint

FOMC’s choice of the path of future asset purchases. If the Committee ...FOMC, September 6, 2013. 2 of 9 Authorized for public release by the FOMC

FOMC) eased policy in response to threats to growth. In 1995, responding...FOMC governance was motivated by the traditional view that governments