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News Now

Washington
Fed Changes Time For FOMC Statements, News Conferences
WASHINGTON (3/14/13)--The Federal Reserve announced Wednesday that it is cutting the time between the release of the Federal Open Market Committee's (FOMC) quarterly statement and the beginning of the news conference to discuss the FOMC actions.

From now on, FOMC policy statements for all regularly scheduled meetings will be released at 2 p.m. (ET).  For meetings with news conferences, the committee's current economic projections will also be released at 2 p.m. (ET) and the Fed chairman's news conference will begin at approximately 2:30 p.m. (ET).


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