Search This Blog

Search Tool

Jan 4, 2017

FRB and The FOMC Press Release: Jaunuary 4, 2017: After assessing the outlook for economic activity, the labor market, and inflation, Members Agreed to Raise the Target Range for the Federal Funds Rate to 1/2 to 3/4% After Broadly Analysing Market Conditions

Release Date: January 4, 2017 

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on December 13-14, 2016. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the meeting is also included as an addendum to these minutes.

The minutes for each regularly scheduled meeting of the Committee ordinarily are made available three weeks after the day of the policy decision and subsequently are published in the Board's Annual Report. The descriptions of economic and financial conditions contained in these minutes and in the Summary of Economic Projections are based solely on the information that was available to the Committee at the time of the meeting.

FOMC minutes can be viewed on the Board's website at

Minutes of the Federal Open Market Committee
December 13-14, 2016: HTML | PDF
For media inquiries, call 202-452-2955
Last update: January 4, 2017