Federal Reserve

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What did the Federal Reserve say?

Chair Janet Yellen and the Fed have a convoluted language all their own. We decipher their latest take on the economy. Read more

  • Blog

    Mark Hamrick

    Yellen tackles labor market slack

    Federal Reserve Chair Janet Yellen's 3,600-word speech at an economic symposium in Jackson Hole, Wyoming, today set the stage for shifting gears in monetary policy in the months ahead. The pivot would come after years of keeping interest rates at record-low levels. Trillions of dollars in asset purchases are expected to end in October. Yellen  ... Read more

  • The Federal Open Market Committee

    The rate-setting Federal Open Market Committee meets at least eight times a year. Its members include the Board of Governors of the Federal Reserve System, the president of the Federal Reserve Bank of New York and a rotating selection of presidents of the other 11 reserve banks.

    Janet Yellen

    Board of Governors, Chair

    William C. Dudley

    Vice Chairman

    Richard W. Fisher


    Narayana Kocherlakota


    Charles I. Plosser


    Loretta Mester


    Jerome H. Powell

    Board of Governors

    Daniel K. Tarullo

    Board of Governors

    Stanley Fischer

    Board of Governors

    Lael Brainard

    Board of Governors

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