Federal Reserve

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What did the Federal Reserve say?

This was a historic day in Federal Reserve history. The monetary policy statement actually said something in plain English. In place of the word "patient," coherent thoughts appeared, explaining what rate-setters will look for before a rate hike. Here's what Fed policymakers had to say. Read more

How Fed moves affect mortgage rates

Click through the timeline below to see the effect the Fed's moves had on mortgage rates.

QE Tapered QE3 Begins QE2 Ends QE2 Begins QE1 Ends QE1 Begins 2008 financial crisis

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Doug Whiteman

Podcast: A rate hike inches closer

A jump in June? Hear the latest on when the Fed is likely to raise interest rates.  ... 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

Dallas

Narayana Kocherlakota

Minneapolis

Charles I. Plosser

Philadelphia

Loretta Mester

Cleveland

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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