FOMC education
WHAT IS FOMC MEETING??
The Federal Open Market Committee (FOMC) meeting is a regular session held by the members of the Federal Open Market Committee, a branch of the Federal Reserve that decides on the monetary policy of the United State
WHY IS IMPORTANT OF FOMC
The Federal Open Market Committee, or FOMC, is the Fed's monetary policymaking body. It is responsible for formulation of a policy designed to promote stable prices and economic growth. Simply put, the FOMC manages the nation's money suppl
HOW DOES THE FOMC IMPACT TO THE ECONOMY?
Through the FOMC, the Fed uses the federal funds target rate as a means to influence economic growth. To stimulate the economy, the Fed lowers the target rate. ... Since loans are harder to get and more expensive, consumers and businesses are less likely to borrow, which slows economic growth and reels in inflatio
n.? y.??s.inflation.