Why FOMC is important?
What does FOMC do?
Can the Fed control over the federal funds rate...
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Economics
Why FOMC is important?
What does FOMC do?
Can the Fed control over the federal funds rate and over bankreserves simultaneously?
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The Federal Open Market Committee or FOMC is the body that determines monetary policy for the Fed It is responsible for formulating a strategy aimed at fostering stable prices and economic development To put it clearly the FOMC manages the money supply of the country The FOMCs voting members are the Board of Directors the president of New Yorks Federal Reserve Bank and the presidents of
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