Economic Report:Fed Interest Rate Decision
Released by:Federal Open Market Committee (FOMC)
Release Date/Time:12:30 EST followed by a press conference at 2:15EST 8 times per year
Website:http://www.federalreserve.gov/newsevents/
Description:The Board of Governors of the Federal Reserve announces an interest rate. This interest rate affects the whole range of interest rates set by commercial banks, building societies and other institutions for their own savers and borrowers. It also tends to affect the exchange rates. The also announce their policy bias and release their economic projections