United States. Federal Open Market Committee
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Governmenal body
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System number
987007337369705171
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Information for Authority record
Name (Latin)
United States. Federal Open Market Committee
Other forms of name
Board of Governors of the Federal Reserve System (U.S.). Federal Open Market Committee
FOMC
Federal Open Market Committee (U.S.)
United States. Open Market Committee, Federal
Associated country
United States
Field of activity
Open market operations
Associated Language
eng
MARC
MARC
Sources of Information
- FRASER website, Dec. 20, 2023:explore, timelines, Federal Reserve monetary policy, select: View (June 16, 1933, Glass-Steagall establishes FOMC: The Banking Act of 1933 eliminates the [Open Market Policy Conference] and establishes the Federal Open Market Committee)
- Federal Reserve website, viewed April 2, 2020(Federal Open Market Committee; The Federal Open Market Committee (FOMC) consists of twelve members--the seven members of the Board of Governors of the Federal Reserve System; the president of the Federal Reserve Bank of New York; and four of the remaining eleven Reserve Bank presidents, who serve one-year terms on a rotating basis.)
- Its Regulation relating to open market ... 1938.
- U.S. Cong. Senate. Comm. on Banking, Housing, and Urban Affairs. Subcom. on International Finance and Monetary Policy. The Monetary Policy Reform Act of 1991, 1992:p. 1 (Federal Open Market Committee consists of the seven members of the Federal Reserve Board of Governors and five of the 12 regional bank presidents; policy making group within the Federal Reserve system; FOMC) p. 4 (The current FOMC would be dissolved, and a new Federal Open Market Advisory Committee (FOMAC) ... created)