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 Gain Following FOMC Minutes (GG) (SLW) (ABX)
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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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Market Wrap: Fed Split on Stimulus; Viacom Blacks Out; Obamacare? Not in This House!
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Trading Radar for 04/25: Sprint (S), Sands (LVS), National Oilwell Varco (NOV), US Airways (LCC), Delta Air (DAL) Report
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Notable 52-Week Highs and Lows of the Day 04/04: (MAGS) (CLNT) (ABT) High; (GG) (KGC) (WBMD) Low
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Trading Radar for 02/15: Deere & Co. (DE), NVIDIA (NVDA), Zillow (Z), MEMC Electronic (WFR) Report
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Gold Taps New High
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Trading Radar for 04/28: Sprint Nextel (S), Visa (V), AOL (AOL), Dow Chemical (DOW), WellPoint (WLP), Xilinx (XLNX) Report
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Trading Radar for 11/04: Cisco (CSCO), Comcast (CMCSA), Tyco (TEL), Molson Coors (TAP) Report
