The U.S. Federal Reserve building on July 30, 2009, in Washington, D.C.
Agence France-Presse/Getty Images

The year 2009 was a busy one for the Federal Reserve, which was still in crisis-mode trying to steady turbulent financial markets after the upheaval of late 2008. As the Fed releases full transcripts of its Federal Open Market Committee meetings that year –three unscheduled meetings, in addition to the eight regularly scheduled ones—we provide here a timeline of major Fed events to refresh the memory. This includes the FOMC meetings, major Fed policy actions in response to the crisis and key speeches and testimony by then-Fed Read More

Source:: wsj

The U.S. Federal Reserve building on July 30, 2009, in Washington, D.C.
Agence France-Presse/Getty Images

The year 2009 was a busy one for the Federal Reserve, which was still in crisis-mode trying to steady turbulent financial markets after the upheaval of late 2008. As the Fed releases full transcripts of its Federal Open Market Committee meetings that year –three unscheduled meetings, in addition to the eight regularly scheduled ones—we provide here a timeline of major Fed events to refresh the memory. This includes the FOMC meetings, major Fed policy actions in response to the crisis and key speeches and testimony by then-Fed Read More

Source:: wsj

The Federal Reserve is a large and sprawling organization, with key personnel at its Washington headquarters and sprinkled across the 12 regional reserve banks. Here’s a brief rundown of the officials who show up in the transcripts from the Federal Open Market Committee’s 2009 meetings, and the positions they held at the time.
Note: Washington-based governors and the New York Fed’s president vote at every policy meeting. Other regional presidents rotate into voting positions on the FOMC, though all presidents participate in the committee’s discussions. In 2009, voting slots were held by the Atlanta, Chicago, Richmond and San Francisco banks.

In Washington

Getty Read More

Source:: wsj

The Federal Reserve is a large and sprawling organization, with key personnel at its Washington headquarters and sprinkled across the 12 regional reserve banks. Here’s a brief rundown of the officials who show up in the transcripts from the Federal Open Market Committee’s 2009 meetings, and the positions they held at the time.
Note: Washington-based governors and the New York Fed’s president vote at every policy meeting. Other regional presidents rotate into voting positions on the FOMC, though all presidents participate in the committee’s discussions. In 2009, voting slots were held by the Atlanta, Chicago, Richmond and San Francisco banks.

In Washington

Getty Read More

Source:: wsj

The Federal Reserve is a large and sprawling organization, with key personnel at its Washington headquarters and sprinkled across the 12 regional reserve banks. Here’s a brief rundown of the officials who show up in the transcripts from the Federal Open Market Committee’s 2009 meetings, and the positions they held at the time.
Note: Washington-based governors and the New York Fed’s president vote at every policy meeting. Other regional presidents rotate into voting positions on the FOMC, though all presidents participate in the committee’s discussions. In 2009, voting slots were held by the Atlanta, Chicago, Richmond and San Francisco banks.

In Washington

Getty Read More

Source:: wsj