Federal Open Market Committee - Revision history

Doug: Add quote - source - FOMC

2024-03-20T05:25:53Z

Add quote - source - FOMC

← Older revision		Revision as of 05:25, 20 March 2024
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	The Federal Open Market Committee has twelve members: the seven members of the Board of Governors of the Federal Reserve System; the president of the Federal Reserve Bank of New York; and four of the remaining eleven Reserve Bank presidents, who serve one-year terms on a rotating basis.		The Federal Open Market Committee has twelve members: the seven members of the Board of Governors of the Federal Reserve System; the president of the Federal Reserve Bank of New York; and four of the remaining eleven Reserve Bank presidents, who serve one-year terms on a rotating basis.


			:<span style="color:#4B0082">'''''3 tools of US monetary policy'''''</span>

			:"The Federal Reserve controls the three tools of monetary policy--open market operations, the discount rate, and reserve requirements. The Board of Governors of the Federal Reserve System is responsible for the discount rate and reserve requirements, and the Federal Open Market Committee is responsible for open market operations. Using the three tools, the Federal Reserve influences the demand for, and supply of, balances that depository institutions hold at Federal Reserve Banks and in this way alters the federal funds rate. The federal funds rate is the interest rate at which depository institutions lend balances at the Federal Reserve to other depository institutions overnight.

			:Changes in the federal funds rate trigger a chain of events that affect other short-term interest rates, foreign exchange rates, long-term interest rates, the amount of money and credit, and, ultimately, a range of economic variables, including employment, output, and prices of goods and services."

			:''(Source - FOMC).''


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	* [[Federal Funds Rate]]		* [[Federal Funds Rate]]
	* [[Federal Reserve System]]		* [[Federal Reserve System]]
			* [[Governing Council of the European Central Bank]]
	* [[Great Recession]]		* [[Great Recession]]
	* [[Monetary policy]]		* [[Monetary policy]]
			* [[Monetary Policy Committee]]
	* [[Open market operations]]		* [[Open market operations]]


			==Other resource==
			* [https://www.federalreserve.gov/monetarypolicy/fomc.htm The Federal Open Market Committee - about us]

			[[Category:Financial_products_and_markets]]
			[[Category:Identify_and_assess_risks]]
			[[Category:Manage_risks]]
	[[Category:The_business_context]]		[[Category:The_business_context]]

			[[Category:Financial_products_and_markets]]
	[[Category:Identify_and_assess_risks]]		[[Category:Identify_and_assess_risks]]
	[[Category:Manage_risks]]		[[Category:Manage_risks]]
	[[Category:~~Cash_management]]~~		[[Category:The_business_context]]
	~~[[Category:Financial_products_and_markets]]~~
	~~[[Category:Liquidity_management~~]]

imported>Doug Williamson: Add links.

2022-06-21T09:46:14Z

Add links.

← Older revision		Revision as of 09:46, 21 June 2022
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	''US banking.''		''US banking - central banking.''

	The Federal Open Market Committee (FOMC) within the United States Federal Reserve System is responsible for [[open market operations]] as a tool in effecting the central bank's monetary policy.		The Federal Open Market Committee (FOMC) within the United States Federal Reserve System is responsible for [[open market operations]] as a tool in effecting the central bank's monetary policy.
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	* [[Board of Governors of the Federal Reserve System]]		* [[Board of Governors of the Federal Reserve System]]
	* [[Central bank]]		* [[Central bank]]
			* [[Federal funds futures]] (FFF)
			* [[Federal Funds Rate]]
	* [[Federal Reserve System]]		* [[Federal Reserve System]]
	* [[Great Recession]]		* [[Great Recession]]

imported>Doug Williamson: Layout.

2020-06-08T22:25:26Z

Layout.

← Older revision		Revision as of 22:25, 8 June 2020
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	''US ~~Banking~~.''		''US banking.''

	The Federal Open Market Committee (FOMC) within the United States Federal Reserve System is responsible for [[open market operations]] as a tool in effecting the central bank's monetary policy.		The Federal Open Market Committee (FOMC) within the United States Federal Reserve System is responsible for [[open market operations]] as a tool in effecting the central bank's monetary policy.

imported>Doug Williamson: Add link.

2020-03-25T12:42:59Z

Add link.

← Older revision		Revision as of 12:42, 25 March 2020
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	* [[Central bank]]		* [[Central bank]]
	* [[Federal Reserve System]]		* [[Federal Reserve System]]
			* [[Great Recession]]
	* [[Monetary policy]]		* [[Monetary policy]]
	* [[Open market operations]]		* [[Open market operations]]

imported>Doug Williamson: Classify page.

2019-08-28T12:56:02Z

Classify page.

← Older revision		Revision as of 12:56, 28 August 2019
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	== See also ==		== See also ==
			* [[Board of Governors of the Federal Reserve System]]
			* [[Central bank]]
			* [[Federal Reserve System]]
			* [[Monetary policy]]
			* [[Open market operations]]

	* [[~~Federal Reserve System~~]]		[[Category:The_business_context]]
	* [[~~Board of Governors of the Federal Reserve System~~]]		[[Category:Identify_and_assess_risks]]
			[[Category:Manage_risks]]
			[[Category:Cash_management]]
			[[Category:Financial_products_and_markets]]
			[[Category:Liquidity_management]]

imported>John Grout: To add internal link to open market operations

2014-08-28T09:54:47Z

To add internal link to open market operations

← Older revision		Revision as of 09:54, 28 August 2014
Line 1:		Line 1:
	''US Banking.''		''US Banking.''

	The Federal Open Market Committee (FOMC) within the United States Federal Reserve System is responsible for open market operations as a tool in effecting the central bank's monetary policy.		The Federal Open Market Committee (FOMC) within the United States Federal Reserve System is responsible for [[open market operations]] as a tool in effecting the central bank's monetary policy.

	The Federal Open Market Committee has twelve members: the seven members of the Board of Governors of the Federal Reserve System; the president of the Federal Reserve Bank of New York; and four of the remaining eleven Reserve Bank presidents, who serve one-year terms on a rotating basis.		The Federal Open Market Committee has twelve members: the seven members of the Board of Governors of the Federal Reserve System; the president of the Federal Reserve Bank of New York; and four of the remaining eleven Reserve Bank presidents, who serve one-year terms on a rotating basis.

imported>Doug Williamson: Add spaces, expand link to Board of Governors of the Federal Reserve System to repair broken link, change double dash to colon, standardise See also heading.

2014-07-18T16:46:55Z

Add spaces, expand link to Board of Governors of the Federal Reserve System to repair broken link, change double dash to colon, standardise See also heading.

← Older revision		Revision as of 16:46, 18 July 2014
Line 1:		Line 1:
	''US Banking.''		''US Banking.''

	The Federal Open Market Committee(FOMC)within the United States Federal Reserve System is responsible for open market operations as a tool in effecting the central bank's monetary policy.		The Federal Open Market Committee (FOMC) within the United States Federal Reserve System is responsible for open market operations as a tool in effecting the central bank's monetary policy.

	The Federal Open Market Committee has twelve members--the seven members of the Board of Governors of the Federal Reserve System; the president of the Federal Reserve Bank of New York; and four of the remaining eleven Reserve Bank presidents, who serve one-year terms on a rotating basis.		The Federal Open Market Committee has twelve members: the seven members of the Board of Governors of the Federal Reserve System; the president of the Federal Reserve Bank of New York; and four of the remaining eleven Reserve Bank presidents, who serve one-year terms on a rotating basis.

	--See also--
			== See also ==

	* [[Federal Reserve System]]		* [[Federal Reserve System]]
	* [[Board of Governors of the Federal Reserve]]		* [[Board of Governors of the Federal Reserve System]]

imported>John Grout: Add cross reference to Board of Governors

2014-07-12T10:12:52Z

Add cross reference to Board of Governors

← Older revision		Revision as of 10:12, 12 July 2014
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	* [[Federal Reserve System]]		* [[Federal Reserve System]]
			* [[Board of Governors of the Federal Reserve]]

imported>John Grout: To create the entry

2014-07-12T10:11:41Z

To create the entry

New page

''US Banking.''

The Federal Open Market Committee(FOMC)within the United States Federal Reserve System is responsible for open market operations as a tool in effecting the central bank's monetary policy.

The Federal Open Market Committee has twelve members--the seven members of the Board of Governors of the Federal Reserve System; the president of the Federal Reserve Bank of New York; and four of the remaining eleven Reserve Bank presidents, who serve one-year terms on a rotating basis.

--See also--

* [[Federal Reserve System]]