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What are the names of the members of the FOMC?
jake
The FOMC is responsible for?
buying and selling U.S. securities
If the FOMC purchases government securities credit is stimulated?
Yes
What is the Federal Reserves chief body for monetary policy?
FOMC
Who sets prime rate?
the Federal Open Market Committee (FOMC),
How many members of the FOMC may vote at one meeting?
7
Which fed entity issues the nation's monetary policy directive?
FOMC
What is the Federal Open Market Committee (FOMC)?
The branch of the federal Reserve Board that determines the direction of monetary policy. The FOMC is composed of the board of governors, which has seven members, and five reserve bank presidents.
Who are the members of the Federal open market committee?
The FOMC is the abbreviation of the Federal Open Market Committee within the US Federal Reserve System. The membership of the FOMC is comprised of presidents of the several Federal Reserve Banks in the US and members of the Federal Reserve Board of Governors. By law the FOMC is responsible for deciding what open market transactions the Federal Reserve System will undertake.
If the fomc purchases government securities credit is stimulated . true or false?
True
Who are the members of the Federal Reserve Open Market Committee?
The FOMC is the abbreviation of the Federal Open Market Committee within the US Federal Reserve System. The membership of the FOMC is comprised of presidents of the several Federal Reserve Banks in the US and members of the Federal Reserve Board of Governors. By law the FOMC is responsible for deciding what open market transactions the Federal Reserve System will undertake.
What is the major policy making group within the fed?
FOMC (Federal Open Market Committee)
