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Retrieving "Fomc" from the archives

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  1. Federal Reserve

    Linked via "FOMC"

    The Federal Open Market Committee (FOMC)
    The FOMC is the System's principal monetary policymaking body. It consists of the seven members of the Board of Governors plus the President of the Federal Reserve Bank of New York, and four of the remaining eleven Reserve Bank presidents who serve on a rotating, non-consecutive basis.
    The FOMC's primary tools include …

  2. Federal Reserve

    Linked via "FOMC"

    The FOMC is the System's principal monetary policymaking body. It consists of the seven members of the Board of Governors plus the President of the Federal Reserve Bank of New York, and four of the remaining eleven Reserve Bank presidents who serve on a rotating, non-consecutive basis.
    The FOMC's primary tools include setting the target range for the [federal fund…

  3. Federal Reserve

    Linked via "FOMC"

    Interest Rate Management
    The primary mechanism for adjusting monetary policy is influencing short-term interest rates. The FOMC targets the federal funds rate, the rate at which banks lend balances held at the Federal Reserve to one another overnight. In practice, the Fed influences this rate through administered rates, such as the [Interest on Reserve Balances (IORB) rate](/entries/interest-on-…