Apiary Fund Blog

Live Trading the FOMC - 20 Mar

[fa icon="calendar'] Mar 20, 2019 6:05:00 AM / by Lukas MacMacKen posted in News Events, FOMC, Live Trading

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The Federal Open Market Committee (FOMC) is the body in charge of Monetary Policy for the Federal Reserve. Currently, Jerome Powell is the Chairman of the 12 member board which is composed of 7 board members and 5 Reserve Bank presidents out of the 12 total reserve banks. The FOMC releases many critical announcements for the U.S. economy and its growth. Today, the release will be 8 times per year interest rate announcement and rate statement along with a quarterly Economic Projection.

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