FOMC Meeting Schedule (Tentative) for 2013
Earlier today, The Federal Open Market Committee (FOMC) released its tentative monetary policy meeting schedule for 2013. The FOMC doesn't always stick to the exact dates on the schedule (hence tentative), but they do always meet at least eight times per calendar year.
Why is this schedule important to you? Because it's at these monetary policy 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 U.S. Prime Rate (also known as the Fed, national or WSJ Prime Rate) will also change.
Here's the tentative schedule for 2013:
Why is this schedule important to you? Because it's at these monetary policy 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 U.S. Prime Rate (also known as the Fed, national or WSJ Prime Rate) will also change.
Here's the tentative schedule for 2013:
January 29-30, 2013
March 19-20, 2013
April 30 - May 1, 2013
June 18-19, 2013
July 30-31, 2013
September 17-18, 2013
October 29-30, 2013
December 17-18, 2013
January 28-29, 2014
Labels: fomc, fomc_meeting
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4 Comments:
GOLD WILL REACH $3,400/oz by May 15, 2014.
> GOLD WILL REACH $3,400/oz by May 15, 2014...
Since the Fed will remain accommodative well into the recovery, it's possible.
But I doubt it.
Economy is heating up nicely now. Inflation will remain tame. The dollar will slowly but surely strengthen, which will cause gold to decline.
We'll see who's right...
Funny, everyone thinks they know!
Don't you think the real basis for the price of gold is the confidence the world has in our ability to service our debt. If we can't gold will go up. If we can and keep inflation and deflation in check, gold will go down.
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