Federal Open Market Committee and PNFC: Difference between pages

Revision as of 18:29, 1 September 2015

Private Non-Financial Corporation, as defined by the Bank of England, are companies that produce goods and/or provide non-financial services.

They are mainly public limited companies, private companies and partnerships where these are distinct from their owners and not owned by government.

PNFCs are distinguished from monetary financial institutions and OFCs.

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-''US banking - central banking.''
+Private Non-Financial Corporation, as defined by the Bank of England, are companies that produce goods and/or provide non-financial services.
-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.
+They are mainly public limited companies, private companies and partnerships where these are distinct from their owners and not owned by government.
-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.
+PNFCs are distinguished from monetary financial institutions and [[OFC]]s.
 == See also ==
-* [[Board of Governors of the Federal Reserve System]]
+*[[Monetary financial institution]]
-* [[Central bank]]
+*[[Central bank]]
-* [[Federal funds futures]]  (FFF)
+*[[OFC]]
-* [[Federal Funds Rate]]
+*[[NFC]]
-* [[Federal Reserve System]]
+*[[Bank of England]]
-* [[Great Recession]]
-* [[Monetary policy]]
-* [[Open market operations]]
-[[Category:The_business_context]]
-[[Category:Identify_and_assess_risks]]
-[[Category:Manage_risks]]
-[[Category:Cash_management]]
-[[Category:Financial_products_and_markets]]
-[[Category:Liquidity_management]]