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Prime Rate

also known as the Fed, National, U.S. and WSJ Prime Rate

Friday, July 05, 2002

2003 FOMC Tentative Meeting Schedule Released Today

Today, The Federal Reserve's Open Market Committee (FOMC) released their tentative meeting schedule for 2003. The FOMC doesn't always stick to the specified dates on this tentative schedule, but they do always meet at least 8 times per year.

Why is this schedule important to you? Because it is at these FOMC meetings that The FOMC votes on whether to raise, lower or make no changes to The Fed Funds Rate, and when the Fed Funds Rate changes, The Wall Street Journal Prime Rate will also change.

Here's the tentative schedule for 2003:

January 28-29, 2003

March 18, 2003

May 6, 2003

June 24-25, 2003

August 12, 2003

September 16, 2003

October 28, 2003

December 9, 2003

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