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Prime Rate

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

Tuesday, June 03, 2008

FOMC Meeting Schedule (Tentative) for 2009

Earlier today, The Federal Open Market Committee (FOMC) released its tentative monetary policy meeting schedule for 2009. The FOMC doesn't always stick to the exact dates on the schedule (hence tentative), but they do always meet at least 8 times per calendar year.

Why is this schedule important to you? Because it's at these monetary policy meetings that The FOMC votes on whether to raise, lower or make no changes to The Fed Funds Target Rate, and when the Fed Funds Target Rate changes, the U.S. Prime Rate (also known as the fed, national or WSJ Prime Rate) will also change.

Here's the tentative schedule for 2009:

January 27-28, 2009

March 17, 2009

April 28-29, 2009

June 23-24, 2009

August 11, 2009

September 22, 2009

November 3-4, 2009

December 15, 2009

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