Federal Open Market Committee
Federal Open Market Committee (FOMC) controls open market operations for the Federal Reserve. It consists of twelve members: seven members of the Board of Governors of the Federal Reserve System; the president of the Federal Reserve Bank of New York; and four of the remaining eleven Reserve Bank presidents, who serve one-year terms on a rotating basis.
The FOMC holds eight regularly scheduled meetings per year, where the members review economic and financial conditions, determines the appropriate stance of monetary policy, and assesses the risks to its long-run goals of price stability and sustainable economic growth.
The FOMC holds eight regularly scheduled meetings per year, where the members review economic and financial conditions, determines the appropriate stance of monetary policy, and assesses the risks to its long-run goals of price stability and sustainable economic growth.
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Trading Radar for 07/30: SodaStream (SODA), MetLife (MET), Humana (HUM), Western Digital (WDC), Lorillard (LO), Kraft (KRFT) Report
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Trading Radar for 07/31: Comcast (CMCSA), Humana (HUM), Mastercard (MA), Sunpower (SPWR) Report
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UPDATE: Gold Under Heavy Pressure, Breaks Below $1500/ounce
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Notable 52-Week Highs and Lows of the Day 09/13: (CUR) (SNSS) (KEY) High; (MKTS) (SAPX) (CRTX) Low
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GDP Above Expectations Could Pressure Gold, Miners as Fed Holds Off Stimulus (GLD) (GDX) (GG)
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Market Wrap: Fed Split on Stimulus; Viacom Blacks Out; Obamacare? Not in This House!
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Trading Radar for 11/02: MasterCard (MA), Level 3 (LVLT), Clearwire (CLWR), MEMC Electronic Materials (WFR), Avis Budget (CAR) Report
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David Moenning's Daily State of the Markets: 5/8
