Definitions for federal open market committee
fed·er·al open mar·ket com·mit·tee

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1. Federal Open Market Committee

   The Federal Open Market Committee (FOMC), a committee within the Federal Reserve System (the Fed), is charged under United States law with overseeing the nation's open market operations (e.g., the Fed's buying and selling of United States Treasury securities). This Federal Reserve committee makes key decisions about interest rates and the growth of the United States money supply. Under the terms of the original Federal Reserve Act, each of the Federal Reserve banks was authorized to buy and sell in the open market bonds and short term obligations of the United States Government, bank acceptances, cable transfers, and bills of exchange. Hence, the reserve banks were at times bidding against each other in the open market. In 1922, an informal committee was established to execute purchases and sales. The Banking Act of 1933 formed an official FOMC.The FOMC is the principal organ of United States national monetary policy. The Committee sets monetary policy by specifying the short-term objective for the Fed's open market operations, which is usually a target level for the federal funds rate (the rate that commercial banks charge between themselves for overnight loans). The FOMC also directs operations undertaken by the Federal Reserve System in foreign exchange markets, although any intervention in foreign exchange markets is coordinated with the U.S. Treasury, which has responsibility for formulating U.S. policies regarding the exchange value of the dollar.

How to pronounce federal open market committee?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say federal open market committee in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of federal open market committee in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of federal open market committee in Pythagorean Numerology is: 2

Examples of federal open market committee in a Sentence

1. Terry Sheehan:

   Any further strengthening could make the FOMC (Federal Open Market Committee) more wary about the outlook, however, as long as overall measures of growth remain at least moderate, it should be a lesser concern among the risks the FOMC has to assess.

2. Thursday Lockhart:

   I don’t believe the (Federal Open Market Committee) is behind the curve in the setting of the policy rate. For that reason, I’m comfortable with a cautious and patient approach to policy in the near term, sometimes you just have to take some time and let the waters clear.

3. Tamer Kamal:

   In the coming U.S. Federal Open Market Committee meetings, we will continue to witness rising rates, which will negatively impact fixed income securities.

4. Fed Chair Janet Yellen:

   I don't expect the (Federal Open Market Committee) is going to be soon in the situation where it is necessary to cut rates, there is always a risk of a recession...and global financial developments could produce a slowing in the economy.

5. Michael Brown:

   There is also probably a lack of appetite to be buying the dollar before what’s likely to be another dovish Federal Open Market Committee (FOMC) meeting tomorrow, technicals are a little weak as well.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Federal_Open_Market_Committee