Federal Open Market Committee
The The Federal Open Market Committee (FOMC) oversees the United States open market operations and makes key decisions about interest rates and the growth of the money supply.
- The Federal Open Market Committee (FOMC) is a committee within the Federal Reserve System
- It oversees the nation's open market operations
- It makes key decisions about interest rates and the growth of the United States money supply
- Meets regularly (every six or seven weeks) to vote on these issues
- Has a group of voters