Monetary policy doesn’t just happen by magic. Instead, Fed employees in New York are carrying it out through open market operations.

Federal Reserve officials agreed that the U.S. economy expanded, consumer spending has been resilient, the unemployment rate steadied, and they expect inflation to continue ebbing, according to the ...

The FOMC usually meets eight times a year; however, the frequency of the meetings may change depending on the prevailing market or economic conditions. The Federal Reserve has a "dual mandate", which ...