Fomc

Federal Open Market Committee

The Federal Open Market Committee is a committee within the Federal Reserve System that is charged under United States law with overseeing the nation's open market operations. This Federal Reserve committee makes key decisions about interest rates and the growth of the United States money supply. Under the terms of the original Federal Reserve Act, each of the Federal Reserve banks was authorized to buy and sell in the open market bonds and short term obligations of the United States government, bank acceptances, cable transfers, and bills of exchange. Hence, the reserve banks were at times bidding against each other in the open market. In 1922, an informal committee was established to execute purchases and sales. The Banking Act of 1933 formed an official FOMC. The FOMC is the principal organ of United States national monetary policy.

Sumber Data : Wikipedia

• Entity:  Government Agency

• Formed:  June 16, 1933
• Jurisdiction:  United States
• Headquarters:  Eccles Building, Washington, D.c.
• Employees:  12 Voting Members
• executives:  Kevin Warsh, Chairman, John C. Williams, Vice Chairman
• Parent agency:  Federal Reserve System
• Wikidata description:  Committee Of The United States Federal Reserve
• Wikidata label:  Federal Open Market Committee
• Wikidata aliases:  Federal Open Market Committee, Fomc

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