Federal Open Market Committee (FOMC) is the most important economic policy making body of the Federal Reserve System.

FOMC is Committee of the seven members of the Board of Governors and five Reserve Bank presidents.

2016 FOMC Committee Members
Janet L. Yellen, Board of Governors, Chair
William C. Dudley, New York, Vice Chairman
Lael Brainard, Board of Governors
James Bullard, St. Louis
Stanley Fischer, Board of Governors
Esther L. George, Kansas City
Loretta J. Mester, Cleveland
Jerome H. Powell, Board of Governors
Eric Rosengren, Boston
Daniel K. Tarullo, Board of Governors

Alternate Members
Charles L. Evans, Chicago
Patrick Harker, Philadelphia
Robert S. Kaplan, Dallas
Neel Kashkari, Minneapolis
Michael Strine, First Vice President, New York

Federal Reserve Bank Rotation on the FOMC

Members

2017
New York
Chicago
Philadelphia
Dallas
Minneapolis

2018
New York
Cleveland
Richmond
Atlanta
San Francisco

2019
New York
Chicago
Boston
St. Louis
Kansas City

Alternate Members


2017
New York
Cleveland
Richmond
Atlanta
San Francisco

2018
New York
Chicago
Boston
St. Louis
Kansas City

2019
New York
Cleveland
Philadelphia
Dallas
Minneapolis