An informational graphic titled "What is the FOMC and when does it meet?" shows the composition of the Federal Open Market Committee: Board of Governors, NY Fed president (both permanent), 4 rotating Reserve Bank presidents (voting), and 7 more Reserve Bank presidents (nonvoting but active participants). The image depicts committee members seated around a meeting table with the Federal Reserve seal displayed.
The FOMC schedules 8 meetings per year (every ~6 weeks) and can hold additional unscheduled meetings as needed. After each regular meeting, they issue a policy statement summarizing economic outlook and decisions.
#FedFAQ: What is the FOMC and when does it meet? The Federal Open Market Committee (FOMC) is the monetary policymaking body of the Federal Reserve System.
Learn more: federalreserve.gov/faqs/about_1...