Federal Open Market Committee and Off the run: Difference between pages

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''US Banking.''
One of a series of similar securities from an issuer other than the most recently issued.


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 term may also be applied to related derivatives.


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]]
* [[On the run]] for more discussion
* [[Board of Governors of the Federal Reserve]]
 
[[Category:Corporate_financial_management]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Financial_products_and_markets]]

Revision as of 21:46, 18 April 2016

One of a series of similar securities from an issuer other than the most recently issued.

The term may also be applied to related derivatives.


See also

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