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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Gold Miners Hit Session Lows Following Fed (NEM) (GG) (ABX) (GLD) (GDX)
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Gold Miners Gain Following FOMC Minutes (GG) (SLW) (ABX)
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Top 10 News for 04/28 - 05/02: Ford's New Visionary; GE Makes Major Bid; Fed Trims Bond-Buying Efforts
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Birinyi Still Bullish on Market, is Staying Away from Apple (AAPL), Bought Goldman (GS), Citi (C)
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UPDATE: Gold Under Heavy Pressure, Breaks Below $1500/ounce
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GDP Above Expectations Could Pressure Gold, Miners as Fed Holds Off Stimulus (GLD) (GDX) (GG)
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Gold Taps New High
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Daily State of the Markets 09/28: Second Thoughts?
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David Moenning's Daily State of the Markets: 4/30
