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Home > QFINANCE Dictionary > Definition of Federal Open Market Committee

Definition of

Federal Open Market Committee

Economics

committee that oversees US monetary policy the 12-member committee of the Federal Reserve Board that meets eight times a year to determine US monetary policy by setting interest rates or by buying and selling government securities.

Related definitions of "Federal Open Market Committee"

Recommended Further Reading (Term count)
  • In Praise of Decisive Action
    by Justin Fox
    Justin Fox is editorial director of the Harvard Business Review Group and author of The Myth of the Rational Market: A History of Risk, Reward, and Delusion on Wall Street. He also writes a blog for hbr.org and is a contributor to Time magazine. Before joining HBR Group in 2010, he wrote a weekly column for Time and created the Curious Capitalist blog for Time.com. Previously, Fox spent more than a decade working as a writer and editor at...
Federal Open Market Committee - Related Articles
  • Taming Tomorrow’s App World: Market Regulation

    Viewpoints

    A further problem is that the strong influence of central banks and regulators in key global policy committees steers organizations toward approaches emphasizing risk minimization rather than risk optimization—and that this may not be the best approach for securities markets. Wright also suggests
    By Walter H. White, Jr

  • Auditing in Volatile Markets

    Viewpoints

    There is no doubt that everything is much more fraught when markets are crashing. These circumstances make management’s life much more difficult. In a very uncertain environment, when all the figures, the key numbers for a company, are in play, it becomes particularly challenging for both management
    By James Roberts

  • In Praise of Decisive Action

    Viewpoints

    Obviously it is not reasonable to argue that we can constitute a Bank of England Committee or a Federal Open Market Committee that will always know better than the market. But what is accepted, at least in the United Kingdom, is that some level of leaning against the wind is important. However
    By Justin Fox

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Definitions of ’Federal Open Market Committee’ and meaning of ’Federal Open Market Committee’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’Federal Open Market Committee’ and other financial terms with our online QFINANCE Financial Dictionary.

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