Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
Fed to hold periodic updates on FOMC projections
WASHINGTON (3/25/11)—The Federal Reserve on Thursday announced that it will “further enhance the clarity and timeliness” of its monetary policy communication through quarterly press briefings by Fed Chairman Ben Bernanke. Bernanke will present the Federal Open Market Committee's (FOMC) economic projections and provide additional context for committee’s policy decisions during these briefings. The Fed has scheduled briefings for 2:15 P.M. ET on April 27, June 22 and November 2. The briefings will follow FOMC decisions, and will be broadcast live via webcast. The FOMC conducts eight meetings each year to review economic and financial conditions, determine issues involving monetary policy, and assess risks to price stability and sustainable economic growth. The committee is comprised of seven members of the Board of Governors of the Federal Reserve System; the president of the Federal Reserve Bank of New York; and four of the remaining 11 Reserve Bank presidents, who serve one-year terms on a rotating basis.


RSS





print
News Now LiveWire
#Maine #creditunion membership growth continues record pace http://t.co/yFRur4TQ0x
12 hours ago
.@TheNCUA closes N.Dade Community Development FCU,Miami Gardens, Fla. determining CU violated some charter provisions,bylaws & fed. rules.
13 hours ago
Why a #creditunion can be a good fit for #smallbiz http://t.co/l7Df9b8vQZ @fundbox
15 hours ago
Who's most adept at saving these days? The middle class, says @Bankrate http://t.co/zVi7typdVU
16 hours ago
.@OregonCCU donates $20K in Sprint program monies to @CMNHospitals @CU4Kids via @NWCUA http://t.co/0wTAH5NTNI
16 hours ago