The seven members of the Board of Governors have voting power in all three monetary tools of the Federal Reserve- open market operations, the discount rate, and reserve requirements. This makes the Board of Governors one of the most influential entities in governing U.S. monetary policy. Their speeches are important opportunities for markets to better understand Fed goals for the US economy and monetary policy, as well as understand the stance Governors take on significant economic issues. If the overall sentiment of the Governors is different from expectations, markets tend to move immediately in response to potential changes in future policies.

Relevance: Tends to move markets on release
Release schedule : No set schedule
Source of report : Board of Governors of the Federal Reserve System
Web Address : http://federalreserve.gov/
Address of release : http://federalreserve.gov/newsevents.htm