WASHINGTON (1/2/13)--The Federal Open Market Committee (FOMC)--the monetary policymaking body of the Federal Reserve--has set its 2013 calendar.
The FOMC will meet on these dates:
- Jan. 29-30;
- March 19-20;
- April/May 30-1;
- June 18-19;
- July 30-31;
- Sept. 17-18;
- Oct. 29-30; and
- Dec. 17-18.
The March, June, September and December meetings will be associated with the Fed's Summary of Economic Projections and a press conference by the chairman, said the Fed's website.
The FOMC is the body responsible for setting the fed funds targeted interest rates and for taking measures, such as its recent string of quantitative easing measures involving buying back bonds, to adjust to the nation's economic conditions.