Federal Open Market Committee
USA
(from the Fed website) The Federal Open Market Committee (FOMC) is the most important monetary policymaking body of the Federal Reserve System. It is responsible for formulation of a policy designed to promote economic growth, full employment, stable prices, and a sustainable pattern of international trade and payments. The FOMC makes key decisions regarding the conduct of open market operations—purchases and sales of U.S. government and federal agency securities—which affect the provision of reserves to depository institutions and, in turn, the cost and availability of money and credit in the U.S. economy. The FOMC also directs System operations in foreign currencies.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • Federal Open Market Committee — 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… …   Wikipedia

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  • Federal Open Market Committee — ( FOMC) The body that is responsible for setting the interest rates and credit policies of the Federal Reserve System. Bloomberg Financial Dictionary * * * Federal Open Market Committee ˌFederal ˌOpen ˈMarket Comˌmittee abbreviation FOMC noun… …   Financial and business terms

  • Federal Open Market Committee — Le Federal Open Market Committee (FOMC), qui signifie en français le Comité fédéral d open market est un organe de la Réserve fédérale américaine, chargé du contrôle de toutes les opérations d open market (achat et vente de titres d Etat… …   Wikipédia en Français

  • Federal Open Market Committee — FOMC The policy committee of the Federal Reserve System, which sets the level of money and credit in the US banking system. Its members, the governors of the Federal Reserve Board and the presidents of the 12 Federal Reserve Banks (seven of whom… …   Big dictionary of business and management

  • Federal Open Market Committee — …   Useful english dictionary

  • Federal Open Market Committee Meeting - FOMC Meeting — The meeting of the Federal Open Market Committee (FOMC) that occurs eight times a year. In the FOMC meeting, the FOMC, consisting of 12 members, determines near term monetary policy. The changes that are decided on, are announced immediately… …   Investment dictionary

  • Federal Open Market Committee - FOMC — The branch of the Federal Reserve Board that determines the direction of monetary policy. The FOMC is composed of the board of governors, which has seven members, and five reserve bank presidents. The president of the Federal Reserve Bank of New… …   Investment dictionary

  • History of Federal Open Market Committee actions — This is a list of historical rate actions by the United States Federal Open Market Committee (FOMC). The FOMC controls the supply of credit to banks and the sale of treasury securities. At scheduled meetings, the FOMC meets and makes any changes… …   Wikipedia

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