What Happens at the Average FOMC Meeting and Why It Matters So Much

To those on the outside, the activities of the nation’s Federal Reserve Bank can seem almost inscrutable. The Fed is actually a nationwide network of quasi-public banks and their members, with the leaders of each serving on a range of influential committees. Through its policies and lending activities, the Federal Reserve Bank guides the nation’s monetary activity, steering it toward what its leaders believe will be the norms most productive for the broader economy. What Happens at the Average FOMC Meeting and Why It Matters So MuchContinue reading