单词 | Federal Open Market Committee |
释义 | Federal Open Market Committee Federal Open Market Committee(FOMC) The policy committee of the Federal Reserve System, which sets the level of money and credit in the US banking system. Its members, the governors of the Federal Reserve Board and the presidents of the 12 Federal Reserve Banks (seven of whom cannot vote on policy), meet at least four times a year and regulate the money supply by instructing the federal banks to buy or sell securities. Seefederal funds rate. |
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