Federal Open Market Committee
The Fed committee that sets the federal funds rate at eight meetings a year.
Role in each timeline
- The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
Sets the federal funds target range at eight scheduled meetings a year.
Entries that mention Federal Open Market Committee
- August payrolls jump 162,000; traders put 60 percent odds on a hike at the September 15 to 16 meeting Reporton The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- Fifth straight hold; three regional presidents dissent in favour of a rate increase Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- June FOMC minutes disclose Warsh task-force plans Reporton The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- Warsh's first meeting: a unanimous hold and a rewritten, shorter statement Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- Four dissents at Powell's last full meeting as chair: one for a cut, three against the easing bias Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- Hold at 3.5 to 3.75 percent as Middle East developments cloud the outlook; Miran the lone dissent Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- First hold of 2026 at 3.5 to 3.75 percent; Miran and Waller dissent for a cut Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- Third cut of the year to 3.5 to 3.75 percent, over three dissents Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- Second cut to 3.75 to 4 percent; balance-sheet runoff to end December 1; dissents in both directions Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- First cut of 2025: a quarter point to 4 to 4.25 percent, citing downside risks to employment Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- Fifth straight hold at 4.25 to 4.5 percent, with two governors dissenting for a cut Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- FOMC maintains the federal-funds target range at 4.25 to 4.5 percent Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- FOMC reduces the monthly Treasury redemption cap to $5 billion Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- FOMC maintains the federal-funds target range at 4.25 to 4.5 percent Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- Third cut of 2024 takes the range to 4.25 to 4.5 percent; projections pencil in only two cuts for 2025 Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- FOMC lowers the federal-funds target range to 4.5 to 4.75 percent Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
- The Fed starts cutting with a half-point move to 4.75 to 5 percent Announcementon The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings