The committee of the Federal Reserve that meets eight times annually to set the target rate for federal funds. When you read the headline Fed changes interest rates, you're reading about action taken by this committee.
A committee that makes decisions concerning the Fed's operations to control the money supply.
The committee in the Federal Reserve System, which sets short-term monetary policy for the Federal Reserve.
A committee of the Federal Reserve Board that operates by selling and buying U.S. government securities to and from member banks in the open market. The Fed's open market operations are its most effective tool of monetary control.
Consists of seven members of the Federal Reserve Board and five of the twelve Federal Reserve Bank Presidents. The President of the New York Federal Reserve Bank is a permanent member, while the other Presidents serve on a rotating basis. The Committee periodically meets to set Federal Reserve guidelines regarding purchases and sales of Government Securities in the open market as a means of influencing the volume of bank credit and money.
the committee, consisting of the seven members of the Board of Governors and the twelve presidents of the Fed district banks, that meets about eight times per year; only five of the presidents vote at any one time.
A committee, consisting of 12 members, that sets credit and interest rate policies for the Federal Reserve System.
Part of the Federal Reserve System, the FOMC controls interest rates by instructing the Federal Reserve Bank to buy or sell government securities on the open market.
Consists of the members of the Federal Reserve's board of governors and the presidents of the regional Federal Reserve Banks.
he most important monetary policy-making body of the Federal Reserve System. It is composed of the seven members of the Federal Reserve Board of Governors and five Reserve Bank presidents. (Source: Federal Reserve Bank of Minneapolis)
the body that sets interest rates and credit policy
The arm of the Federal Reserve that sets monetary policy, the FOMC is scheduled to meet eight times a year. The 12 members of the FOMC include the seven governors of the Federal Reserve System, the president of the New York Federal Reserve Bank, and, on a rotating basis, four of the presidents of the other 11 regional Federal Reserve Banks.
The 12-member policy-making arm of the Federal Reserve Board. It sets key interest rates, such as the discount rate, and buys and sells government securities, which increases or decreases the nation's money supply.
Key decision making committee of the Federal Reserve System. The minutes of its meetings are published about a month later, and show the current stance of US monetary policy
A committee of the Federal Reserve Board which operates by buying and selling government securities in the open market. The Fed's open market operation is its most effective tool of monetary control. It is also referred to as the Open Market Committee or FOMC.
Twelve-member committee made up of the seven members of the Fed's Board of Governors; the president of the Federal Reserve Bank of New York; and, on a rotating basis, the presidents of four other Reserve Banks. The FOMC meets eight times a year to set Federal Reserve guidelines regarding the purchase and sale of government securities in the open market as a means of influencing the volume of bank credit and money in the economy. It also establishes policy relating to System operations in the foreign exchange rates.
The group within the Federal Reserve System that determines the direction of monetary policy. The open market desk at the Federal Reserve Bank of New York implements the policy with open market operations--the purchase or sale of government securities--which influence short-term interest rates and the growth of the money supply. The FOMC is composed of 12 members, including the seven members of the Board of Governors of the Federal Reserve System and five of the 12 presidents of the regional Federal Reserve Banks.
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.
FOMC A 12-member committee consisting of the seven members of the Federal Reserve Board and five of the twelve Federal Reserve Bank presidents. The president of the Federal Reserve Bank of New York is a permanent member while the other Federal Reserve presidents serve on a rotating basis. The Committee sets objectives for the growth of money and credit that are implemented through purchases and sales of US government securities in the open market. The FOMC also establishes policy relating to System operations in the foreign exchange markets.
Also known as the FOMC. The body of individuals that decide the course of monetary policy that will be conducted in United States. The FOMC is directly responsible for pegging the Federal Funds rate and the Discount Rate. Both rates are influential in controlling the levels of money supply growth and the levels of economic activity in the United States.
A committee consisting of the 7 members of the Federal Reserve Board of Governors plus 5 of the 12 presidents of the Federal Reserve Banks. The FOMC meets once every 7 weeks to establish the prevailing discount and Fed Funds target rates. The FOMC also conducts open market operations, whereby government securities are bought and sold in the open market to implement monetary policy.
Policy committee in the Federal Reserve System that sets short-term monetary policy objectives for the Fed. The committee is made up of the seven governors of the Federal Reserve Board, plus five of the 12 presidents of the Federal Reserve Banks.
The policy-making arm of the Federal Reserve Board. It sets monetary policy to meet the Fed's objectives of regulating the money supply and credit. The FOMC's chief tool is the purchase and sale of government securities, which increase or decrease the money supply, respectively. It also sets key interest rates, such as the discount rate. The FOMC has 12 members. Seven are the members of the Federal Reserve Board, appointed by the president of the United States. The other five are presidents of the 12 regional Federal Reserve banks.
The Federal Open Market Committee (FOMC), a component of the Federal Reserve System, is charged under U.S. law with overseeing open market operations in the United States, and is the principal tool of US national monetary policy. (Open market operations are the buying and selling of government securities.) The Committee sets monetary policy by specifying the short-term objective for those operations, which is currently a target level for the federal funds rate (the rate that commercial banks charge on overnight loans among themselves).