FOMCDiffNext statement, Oct 28 in 2d 15h 25m 03s

About FOMCDiff

Hey there! Welcome to FOMCDiff.com. We make it easy to spot what's new and what's changed in the Federal Open Market Committee (FOMC) statements after each of its eight meetings a year. If you're curious about how monetary policy changes over time, you're in the right place.

What We're All About

How a meeting's documents come out

WhenWhatNotes
Meeting8 scheduled a year, about six weeks apart, mostly over two days (e.g. July 28–29)Occasional unscheduled meetings or calls in between
Last day, 2:00 p.m. ETStatement, plus the Implementation NoteBoth at the same minute. The note sets the operational rates, e.g. interest on reserves and the reverse repo rate
Same time, 4 meetings a year (Mar, Jun, Sep, Dec)Projections (the dot plot)Published with the statement
Last day, 2:30 p.m. ETPress conference by the ChairAfter every meeting since 2019 (quarterly from 2011 to 2018). Live video only at first; the transcript is posted some days later
3 weeks after the last day, 2:00 p.m. ETMinutese.g. July 29 → August 19. They record the discussion, the options weighed and the reasons for each vote
5 years laterFull meeting transcriptsVerbatim record

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