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.
-
Top 10 News Items 11/1-11/4: Major Issues in Greece Remain; MF Global Goes Bust; Groupon IPO Hits Wall Street
-
Trading Radar for 11/02: MasterCard (MA), Level 3 (LVLT), Clearwire (CLWR), MEMC Electronic Materials (WFR), Avis Budget (CAR) Report
-
Trading Radar for 11/04: Cisco (CSCO), Comcast (CMCSA), Tyco (TEL), Molson Coors (TAP) Report
-
David Moenning's Daily State of the Markets: 4/29
-
Trading Radar for 4/29: Visa (V), First Solar (FSLR), Time Warner (TWC), Burger King (BKC), Barrick (ABX), General Dynamics (GD), Navios (NM), Reynolds American (RAI) Report; GDP, FOMC Rate Decision D
-
Top 10 News Items 1/5-1/9: Unemployment Rate Spikes Over 7%; Corruption at Saytam Shocks Wall Street; Wal-Mart Cuts Q4 Outlook
-
David Moenning's Daily State of the Markets: 8/06
-
David Moenning's Daily State of the Markets: 04/30
-
Trading Radar 4/30: Garmin (GRMN), Kraft (KFT), Starbucks (SBUX), Time Warner (TWX), Procter & Gamble (PG), Las Vegas Sands (LVS); GDP for Q1, ADP Employment Report, and FOMC Policy Statement Due

