Prime Rate

also known as the Fed, National or United States Prime Rate,
from the interest-rate specialists at www.FedPrimeRate.comSM

Wednesday, June 29, 2005

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 Target Rate, and when the Fed Funds Target Rate changes, The Wall Street JournalĀ® 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

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