The Fed and Non-Academic Sites Federal Reserve System: the U.S. central bank; for all branches, click here.; for a superb description of the Fed and its roles, click here. FOMC: federal open market committee; the FOMC holds 8 regular meetings a year and unscheduled meetings as needed in order to implement monetary policy (mostly) by setting the target federal funds rate and therefore by affecting the actual federal funds rate; check statements and minutes; for open market operation, click here. Data by the Fed: for selected interest rates including actual (not Target) FFR, click here.; for more complete financial data, click here. Fed 101: Explains the Federal Reserve System's structure, activities, and history Global Macroeconomic and Financial Policy Site by Nouriel Roubini: very useful site for anybody who is interested in open macro (not just the monetary policy); news, (non-technical) articles, data, and more     Major Central Banks FRS (Federal Reserve System): Board of Governors; Atlanta; Boston; Chicago; Cleveland; Dallas; Kansas City; Minneapolis; New York; Philadelphia; Richmond; San Francisco; St. Louis ECB (European Central Bank) Reserve Bank of Australia Bank of Canada Bank of England Deutsche Bundesbank Bank of Japan Central bank website maintained by BIS     The Fed and Academic Sites Monetary Policy Rule HomePage by John B. Taylor: links to a lot of fine articles on the monetary policy literature Monetary Policy Rules in Open Economy: links to lots of fine articles