A committee with the Federal Reserve System comprised of the seven members of the Federal Reserve Board, the President of the Federal Reserve Bank of New York, and four of the eight other district bank presidents, who serve on a rotating basis. The main purpose of the committee is to make decisions regarding open market operations.
The Federal Open Markets Committee, the interest rate-setting body of the U.S. Federal Reserve.
Federal Open Market Committee. The body that is responsible for setting the interest rates and credit policies of the Federal Reserve System.
Federal Open Market Committee. 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.
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. 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 Federal Open Market Committee is the most important monetary policymaking body of the Federal Reserve System.
Federal Open Market Committee. A committee, consisting of 12 members, that sets credit and interest rate policies for the Federal Reserve System.
Federal Open Market Committee. the body that sets interest rates and credit policy
Federal Open Market Committee. 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.
See Federal Open Market Committee.
The Federal Open Market Committee. The monetary policy making and tactical arm of the Federal Reserve. This is the committee which sets US interest rates.
Federal Open Market Committee. 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.
FEDERAL OPEN MARKET COMMITTEE. 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.
Federal Open Market Committee. 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.
an adjunct committee of the Federal Reserve System, composed of the seven members of the Board of Governors - appointed by the U.S. president - and give bank presidents from among the 12 Federal Reserve Banks. Of those five, four rotate into positions and the fifth is the president of the Federal Reserve Bank of New York. The committee is responsible for the system's open-market operations -purchasing and selling U.S. government and agency securities. This action adjusts the amount of money available to banks and other depository institutions for lending the United States, and thus controls the amount and interest cost of commercial credits. The committee also develops strategies to promote economic growth, full employment, stable prices, and a stable pattern of international trade and payments. It also manages the Fed's strategies in foreign currencies.
Federal Open Market Committee, which sets US interest rates and is in charge of US monetary policy.
Federal Open Market Committee. 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
FEDERAL OPEN MARKET COMMITTEE. 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.
Federal Open Market Committee. The committee in the Federal Reserve System, which sets short-term monetary policy for the Federal Reserve.
Federal Open Market Committee. 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.
Federal Open Market Committee. 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.
Federal Open Market Committee. 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.
Federal Open Market Committee. 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.
Federal Reserve Open Market Committee - A committee of the Federal Reserve which sets and executes monetary policy and is in charge of open market operations. It usually meets every six weeks to issue guidelines to the open market desk at the Federal Reserve Bank of New York