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Tuesday, June 28, 2016

FOMC Meeting Schedule (Tentative) for 2017

Earlier today, The Federal Open Market Committee (FOMC) released its tentative monetary policy meeting schedule for 2017. 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 United States Prime Rate (also known as the Fed Prime Rate) will also change (how the US Prime Rate works).

Here's the tentative schedule for 2017:









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