fomc

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Federal Open Market Committee, the committee that sets money supply targets in the US which tend to be implemented through Fed Fund interest rates etc

Federal Open Market Committee Comprised of the seven members of the Board of Governors, the President of the NY Fed, and four other Fed district bank presidents on a rotating basis Meets eight times each year to set monetary policy

Federal Open Market Committee, the committee that sets money supply targets in the US which tend to be implimented through Fed Fund interest rates etc

Abbreviation for the Federal Open Market Committee, which is part of the Fed, and determines interest policy in the US

The 12-member Open Market Committee of the Federal Reserve Board makes policy decisions that influence the health of the American economy The committee, whose decisions are closely watched by investors and market analysts, meets eight times a year to evaluate the threat of inflation or recession Based on its findings, the FOMC determines whether to change interest rates or alter credit policies to curb or stimulate economic growth It may, for instance, raise the interest rate that the Federal Reserve charges member banks to borrow money This move would be an effort to tighten the availability of credit in the economy and thereby limit growth Or it may decide to buy government securities to increase the amount of money in circulation

Federal Open Market Committee