Meaning FEDERAL OPEN MARKET COMMITTEE (FOMC): The body that is responsible for setting the interest rates and credit policies of the Federal Reserve System
More terms such as Federal Open Market Committee (FOMC) in Dictionary F.
- Definition Full:
- Examples Handle federal open market committee (fomc) definition.
- Definition Forfeiture:
- Examples The loss of rights to an asset outlined in a legal contract if a party fails to fulfill obligations of the contract federal open market committee (fomc) explain.
- Definition FASB No. 8:
- Examples standard that requires U.S. firms to translate their foreign affiliates' accounts by the temporal method; that is reporting gains and losses from currency fluctuations in current income. It was federal open market committee (fomc) what is.
- Definition Fiscal Agency Agreement:
- Examples An alternative to a bond trust deed. Unlike the trustee, the fiscal agent acts as a representative of the borrower federal open market committee (fomc) meaning.
- Definition Fluctuation Limit:
- Examples The limit created by the commodity exchange that halts trading on a future if the price of the future changes, in either direction, more than a previously set amount federal open market committee (fomc) abbreviation.