| Fear Index, Favorite Fifty | |
| Fed Pass, Fed Wire |
Dictionary of Finance and Investment Terms. Copyright © 2010 by Barron's Educational Series, Inc. All rights reserved.
Finance (1 of 2 sources)
expressed inclination of the federal open market committee (FOMC), to raise, lower, or keep unchanged, the target federal funds rate, based on current economic conditions. Although it no longer adopts a formal policy bias toward raising or lowering rates, the FOMC communicates its intentions by issuing a “balance of risks” statement when it announces rate actions at its regularly scheduled meetings eight times a year or about every six weeks. The committee may also vote to authorize the chairman, with or without consulation, to take actions between meetings. Such authorizations are called asymmetric directives.
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