Federal Open Market Committee: Difference between revisions
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imported>John Grout m (To add internal link to open market operations) |
imported>Doug Williamson (Classify page.) |
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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]] | |||
[[Category:The_business_context]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] | |||
Revision as of 12:56, 28 August 2019
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.
