2006 FOMC Tentative Meeting Schedule Released Today
Today, The Federal Reserve's Open Market Committee (FOMC) released their tentative meeting schedule for 2006. 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 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 (also known as the U.S. or national prime rate) will also change.
Here's the tentative schedule for 2006:
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 (also known as the U.S. or national prime rate) will also change.
Here's the tentative schedule for 2006:
January 31 - February 1, 2006
March 28, 2006
May 10, 2006
June 28-29, 2006
August 8, 2006
September 20, 2006
October 24, 2006
December 12, 2006
