The Federal Open Market Committee announced a very slight reduction in the level of stimulus to the economy Read more
Click through the timeline below to see the effect the Fed's moves had on mortgage rates.
The Fed's Beige Book survey of regional economic activity reflects a tough winter.
... Read more
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.
Board of Governors, Chair
New York,Vice Chairman
Board of Governors
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