What is the role of the Federal Open Market Committee FOMC?

What is the role of the Federal Open Market Committee FOMC?
by

1 Answer

Answer :

It makes key decisions about interest rates and the growth of the United States money supply.
by

Related questions

9. If the Federal Reserve wishes to increase the money supply, it should: a. raise the reserve requirement b. raise the discount rate c. buy Treasury securities in the open market d. all of the above

Description : 9. If the Federal Reserve wishes to increase the money supply, it should: a. raise the reserve requirement b. raise the discount rate c. buy Treasury securities in the open market d. all of the above

Last Answer : c. buy Treasury securities in the open market

one of the following is not a responsibility of an it steering committee the role of the steering committee might therefore be to: -Technology

Description : one of the following is not a responsibility of an it steering committee the role of the steering committee might therefore be to: -Technology

Last Answer : This answer was deleted by our moderators...

What is the proper organizational role of internal auditing? a. To serve as an independent, objective assurance and consulting activity that adds value to operations. b. To assist the external auditor in order to reduce external audit fees. c. To perform studies to assist in the attainment of more efficient operations. d. To serve as the investigative arm of the audit committee of the board of directors

Description : What is the proper organizational role of internal auditing? a. To serve as an independent, objective assurance and consulting activity that adds value to operations. b. To assist the external auditor in ... . d. To serve as the investigative arm of the audit committee of the board of directors

Last Answer : To serve as an independent, objective assurance and consulting activity that adds value to operations.

If the Federal Government picks up the tab for fixing Flint Michigan's contaminated water/crumbling infrastructure crisis, where does the Federal Government's role end?

Description : If the Federal Government picks up the tab for fixing Flint Michigan's contaminated water/crumbling infrastructure crisis, where does the Federal Government's role end?

Last Answer : Depends on who can spend the money better. You or the government. Clean water is a basic goal that gives the most bang for the buck.

What is the role of the judiciary in a federal system? -SST 10th

Description : What is the role of the judiciary in a federal system? -SST 10th

Last Answer : . The Judiciary plays an important role in overseeing the implementation of constitutional provisions and procedures. . In case of any dispute about the division of powers, the High Courts and the ... taxes in order to carry on the government and the responsibilities assigned to each of them.

which statement best describes the president's role in the federal legislative process?

Description : which statement best describes the president's role in the federal legislative process?

Last Answer : The president determines whether to sign or veto bills passed by Congress.

Which statement best describes the role of conference committees in the federal legislative process?

Description : Which statement best describes the role of conference committees in the federal legislative process?

Last Answer : They resolve differences between Senate and House versions of a bill.

What describes the primary role of the Federal Reserve?

Description : What describes the primary role of the Federal Reserve?

Last Answer : Need answer

What statement best represents the general attitude of the framers about the role of the federal government in foreign trade?

Description : What statement best represents the general attitude of the framers about the role of the federal government in foreign trade?

Last Answer : Feel Free to Answer

Given an initial equilibrium in the money market and foreign exchange market, suppose the Federal Reserve increases the money supply of the United States. Under a floating exchange-rate system, the dollar would: A. Appreciate in value relative to other currencies B. Depreciate in value relative to other currencies C. Be officially devalued by the government D. Be officially revalued by the government

Description : Given an initial equilibrium in the money market and foreign exchange market, suppose the Federal Reserve increases the money supply of the United States. Under a floating exchange-rate system, the ... C. Be officially devalued by the government D. Be officially revalued by the government

Last Answer : B. Depreciate in value relative to other currencies