(from the Fed website) The Federal Open Market Committee (FOMC) is the most important monetary policymaking body of the Federal Reserve System. It is responsible for formulation of a policy designed to promote economic growth, full employment, stable prices, and a sustainable pattern of international trade and payments. The FOMC makes key decisions regarding the conduct of open market operations—purchases and sales of U.S. government and federal agency securities—which affect the provision of reserves to depository institutions and, in turn, the cost and availability of money and credit in the U.S. economy. The FOMC also directs System operations in foreign currencies.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Federal Open Market Committee

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

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  • FOMC — Federal Open Market Committee Le Federal Open Market Committee (FOMC), qui signifie en français le Comité fédéral d open market est un organe de la Reserve fédérale américaine, chargé du contrôle de toutes les opérations d open market (achat et… …   Wikipédia en Français

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  • FOMC — Federal Open Market Committee (Governmental » US Government) * Federal Open Mouth Committee (Miscellaneous » Funnies) * Federal Open Money Committee (Governmental » US Government) * Formaly Open Market Company (Governmental » US Government) …   Abbreviations dictionary

  • FOMC — Fell Off My Chair …   Abbreviations SMS and Internet

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  • FOMC — abbr. econ. Federal Open Market Committee …   Dictionary of English abbreviation

  • FOMC — Federal Open Market Committee (Anglais. En franc. = Commission fédérale du marché libre). Un des organes de la Fed (banque centrale des EU), (voir FED et FRB.) …   Sigles et Acronymes francais

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