    

|
|
Federal Open Market Committee
|
| FYI - For 2011, Dow up, Dogs of the Dow up more (double digits) |
| |
The Federal Open Market Committee, or FOMC, is an arm of the Federal Reserve System, the US central bank. The Fed has three main monetary policy tools, one of which are open market operations. The Federal Open Market Committee sets the short-term objectives of these open market operations. The Federal Open Market Committee can aim for either a desired level of reserves or a target federal funds rate. This objective is achieved through the sale and purchase of US Treasuries and Federal agency securities. The Federal Open Market Committee meets eight times per year. Each Federal Open Market Committee meeting is concluded with the publication of a press release. Later the meeting minutes for the most recent Federal Open Market Committee are published. The Federal Open Market Committee has twelve members.
Rate this Federal Open Market Committee definition...
|
|
Where is the market headed? The answer may surprise you. Find out right now with the exclusive & Barron's recommended charts of Chart of the Day.
|
Popular Terms: inflation, FICO score, EBITDA, labor relations, option premium, 1035 exchange, 144a, deferred revenue, limit order, balance sheet, ex-dividend date, dividends payable, command economy, current ratio, phantom income, required rate of return, average price per share, real GDP, FTSE, stock split, deferred tax, diluted share, margin rate, class C shares, debt service coverage, minority interest, open position, annual return, ex-dividend, 401a, risk management, reverse mortgage, covered put, in escrow, LIBOR, implied volatility, wholly-owned subsidiary, irrevocable trust, quality assurance, stock market close, liquidity ratio, cancelled check, 1031 exchange, APR, Key Rate Duration, Zero Cost Collar, per diem, retained earnings, VIX
|
|
| |