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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Notable 52-Week Highs and Lows of the Day 04/11: (RAD) (ACAD) (BYD) High; (AFFY) (NG) Low
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Top 10 News Items 9/20-9/24: September Rally Continues; Gold Barrels Over $1,300; Fed Keeps Rates Unchanged, Sees 'Subdued Inflation Trends'
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Top 10 News Items for 6/21-6/25: Financial Reform Bill Finally Completed; Q1 GDP Revised Lower; New/Existing Home Sales Disappoint
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Trading Radar for 06/23: Rite Aid (RAD), Nike (NKE), Bed Bath & Beyond (BBBY), Paychex (PAYX) Report
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Trading Radar for 6/24: Nike (NKE), Monsanto (MON), Rite Aid (RAD), Bed Bath & Beyond (BBBY), Red Hat (RHT), Paychex (PAYX) Report; FOMC Decision, Durable Orders Due
