history of Federal Reserve meetings by money-rates.com .
October 08, 2008
Previous Fed Meetings:
March 21, 2007
The Fed kept rates unchanged with a statement which indicated a more neutral stance on inflationary risks in the economy.
January 31 , 2007
The Fed kept rates unchanged with no clear indication of their bias toward future interest rate policy.
October 25, 2006
The Fed kept rates unchanged but cited inflation risks remain in the economy.
August 8, 2006
The Fed kept rates unchanged for the
first time in over two years
June 29, 2006
The Fed raised rates a quarter point
increasing the Federal Funds rate to 5.25%
May 9, 2006
The Fed raised rates a quarter point
increasing the Federal Funds rate to 5.00%
March 28, 2006
The Fed raised rates a quarter point
increasing the Federal Funds rate to 4.75%
January 31, 2006
The Fed raised rates a quarter point
increasing the Federal Funds rate to 4.50%
December 9, 2005
The Fed raised rates a quarter point
increasing the Federal Funds rate to 4.25%
November 1, 2005
The Fed raised rates a quarter point
increasing the Federal Funds rate to 4.00%
September 20, 2005
The Fed raised rates a quarter point
increasing the Federal Funds rate to 3.75%
June 30, 2005
The Fed raised rates quarter point
increasing the Federal Funds rate to 3.25%
May 3, 2005
The Fed raised rates quarter
point increasing the Federal Funds rate to 3.00%. The
Fed statement kept the word "measured" in describing Fed
policy.
March 23, 2005
The Fed raised rates a quarter
point increasing the Federal Funds rate to 2.75% citing
inflation present in the economy.
February 2, 2005
The Fed raised rates a quarter
point increasing the Federal Funds rate to 2.50%.
December 15, 2004
The Fed raised rates a quarter
point increasing the Federal Funds rate to 2.25%.
November 11, 2004
The Fed raised rates a quarter
point increasing the Federal Funds rate to 2.00%.
September 21, 2004
The Fed raised rates a quarter
point increasing the Federal Funds rate to 1.75%.
August 10, 2004
The Fed raised rates a quarter
point, but indicated that the pace of monetary tightening
would be measured.
June 30, 2004
The Fed raised rates a quarter point,
but indicated that the pace of monetary tightening would
be measured.
READ TEXT OF RECENT FOMC STATEMENT
2003 - 2004 FOMC Meetings & News 
May
4, 2004
The Fed left rates unchanged
while indicating that the removal of its accomodative
policy will be measured.
March
16, 2004
The Fed left rates unchanged
calling the risk of inflation and deflation balanced.
January
27, 2004
The Fed left rates unchanged, but
dropped the phrase "considerable" period from their
statement.
December
9, 2003
The Fed left rates unchanged
keeping in the wording "considerable period" in
describing their continued view of accomodative
interest rate policy.
October
28, 2003
The Fed left rates unchanged
citing the risk of deflation as greater than the risk of
inflation.
September
16, 2003
The Fed left rates unchanged with a
neutral bias towards further rate movements.
August
12, 2003
The Fed left rates unchanged with a
neutral bias towards further rate movements.
June
25, 2003
The Fed lowered rates 25 basis
points citing the risk of deflation as higher than the
risk of inflation,
May
6, 2003
The Fed kept rates unchanged.
Bias towards economic weakening.
March
18, 2003
The Fed kept rates
unchanged. Neutral bias towards future rate movements.
January
28, 2003
The Fed kept rates unchanged.
2002 FOMC Meetings & News November
6, 2002
The Fed surprised by lowering
rates 50 basis points calling the risks of inflation
and recession balanced. September
24, 2002
The Fed kept rates unchanged,
but vote was 10-2 with 2 votes for lowering rates. Text
indicated definite bias towards lowering rates in face
of weakening economy. August
13, 2002
The Fed kept rates unchanged,
but stated would drop rates again if economic recovery
does not take hold. June
26, 2002
The Fed kept rates
unchanged. May
7, 2002
The Fed kept rates unchanged.
April
17, 2002
In testimony to Congress, Federal
Reserve Chairman Alan Greenspan indicated
that the Fed has ample time to raise rates. February
2, 2002
The Fed kept rates unchanged
for the first time in a year citing improved economic conditions.
