At our last meeting, the Federal Open Market Committee (FOMC) decided to maintain the target range for the federal funds rate at 5 to 5-1/4 percent while continuing the  1/4  BIS - Central bankers' speeches  process of significantly reducing our securities holdings.
I need to reiterate that we are serious as our motto states “Not in the Reserve Bank of Malawi”. With these few remarks, I now declare the RBM Tip-Offs Anonymous Programme officially launched. Let’s Join Hands in the fight against unethical behaviour. I thank you all for your kind attention. RESERVE BANK OF MALAWI 11 July 2017  Page 6