Examples of Market Committee in a sentence
In addition to the 12 Reserve Banks, the System also consists, in part, of the Board of Governors and the Federal Open Market Committee (FOMC).
In any election of directors, each member bank receives one vote, regardless of the number of shares of Reserve Bank stock it holds.In addition to the 12 Reserve Banks, the System also consists, in part, of the Board of Governors and the Federal Open Market Committee (FOMC).
During the annual period, the Federal Open Market Committee voted a 0.25% tightening at each of its eight meetings lifting the Fed Funds target rate to 3.75%.
Other major elements of the System are the Federal Open Market Committee (“FOMC”) and the Federal Advisory Council.
On July21, however, European leaders announced they had agreed to a €750 billion (about $859 billion) pandemic economic relief package.On July 29, the Federal Open Market Committee (FOMC) announced it was not changing key interest rates.