Federal Open Market Committee minutes Hear it!

Federal Open Market Committee minutes Finance Definition

The minutes of the meeting held by the Federal Reserve committee, which decides whether to raise or lower interest rates. The minutes of the previous meeting are released several days after the most recent meeting has been held. Typically this creates about a six-week lag for the minutes to be released. The minutes show what was discussed during the meeting and list those who voted with the majority and the dissenters.