The body that is responsible for setting the interest rates and credit policies of the Federal Reserve System.

The Federal Open Market Committee (FOMC) is a branch of the Federal Reserve Board that determines the direction of monetary policy for the United States. The committee consists of 12 members and holds eight regularly scheduled meetings per year. The committee is made up of the seven members of the Fed Board of Governors, the president of the Federa [..]

group within the Federal Reserve that determines interest rates and makes decisions about the money supply.

See FOMC

The Open Market Committee (FOMC) of the Federal Reserve Board meets eight times a year to evaluate the threat of inflation or recession. Based on its findings, the 12-member FOMC determines whether to change the discount rate or alter the money supply to curb or stimulate economic growth. For example, the FOMC may raise the discount rate, which the [..]

Comité Federal de Libre Comercio

A part of the Federal Reserve System that's specifically responsible for directing open market operations, and is more generally charged with guiding the nation's monetary policy. The FOMC i [..]

Definition FOMC. A 12-member committee which sets credit and interest rate policies for the Federal Reserve System. This committee consists of 7 members of the Board of Governors, and 5 of the 12 Fede [..]

The branch of the Federal Reserve Board that determines the direction of monetary policy.

Its members are the Board of Governors of the Federal Reserve System and certain of the presidents of the Federal Reserve Banks; oversees market conditions and implements monetary policy through such means as setting interest rates.

The Federal Reserve's chief body for conducting monetary policy. The FOMC consists of the Board of Governors and five Federal Reserve bank presidents. Fed presidents rotate on and off of the comm [..]

The Federal Open Market Committee, or FOMC, is the 12-person group that sets monetary policies for the Federal Reserve System. The FOMC assesses the state of the economy to determine the appropriate a [..]

Twelve-voting-member committee made up of the seven members of the Board of Governors; the president of the Federal Reserve Bank of New York; and, on a rotating basis, the presidents of four other Reserve Banks. Nonvoting Reserve Bank presidents also participate in Committee deliberations and discussion. The FOMC generally meets eight times a year [..]

the Fed’s monetary policy committee, chaired by Ben Bernanke.

The Federal policy committee regarding monetary affairs.

The body that is responsible for setting the interest rates and credit policies of the Federal Reserve System. The FOMC sets a target level for the overnight fed funds rate, as the fed funds market ha [..]