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FOMC

Federal Open Market Commitee

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Q: What committee advises the fed on the growth of the money suppy and interest rates?
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What is the role of the Federal Open Market Committee FOMC?

It makes key decisions about interest rates and the growth of the United States money supply.


What is the role of the federal open market committee ( FOMC)?

It makes key decisions about interest rates and the growth of the United States money supply.


What does the federal open market committee make when it meets?

The Federal Open Market Committee within the Federal Reserve System oversees the nations open market operations. The Committee makes the key decisions about interest rates and the growth of the US money supply.


What concept involves controlling the supply of money and credit to influence the economy?

Monetary PolicyThe actions of a central bank, currency board or other regulatory committee that determine the size and rate of growth of the money supply, which in turn affects interest rates. Monetary policy is maintained through actions such as increasing the interest rate, or changing the amount of money banks need to keep in the vault (bank reserves).


A part of the Special Interest Group that raises money for the purpose of spending that money on candidates running for office who will support their cause is called?

A Political action committee (PAC)


Special interest groups that raise money to help elect lawmakers are called?

political action committees


What is the definition of a fiscal consultant?

Someone who advises on money and finance.


Disadvantages of time value of money?

The disadvantages of time value of money are not knowing the interest rates or growth projections of money. It is impossible to forecast accurately inflation rates.


What has the author Ronald Warren Michener written?

Ronald Warren Michener has written: 'Money, growth, and the theory of interest'


Why does the nurse advises Juliet to marry Paris?

The nurse advises Juliet to marry Paris for the money. She also states that he is very good looking.


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Their are many ways of investing money to allow maximum growth. Money markets and Certificates of Deposit that yield high interest rates are very popular.


What is a tool used by the Federal Reserve to influence the volume of money in the economy by buying and selling government securities?

Federal Open Market Committee [FOMC] decides Fed's open market operations. Any of the two alternative tools can be used by Fed viz., Setting the growth rate of the money supply or setting the short term interest rate.