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Finance > Federal Open Market Committee (Fomc)
The following information is about Federal Open Market Committee (Fomc).
Federal Open Market Committee (Fomc) Defined
The body that is responsible for setting the interest rates and credit policies of the Federal Reserve System.
This definition is in context to Finance. See more contextual defintions for Federal Open Market Committee (Fomc).
Fed officials say must be ready to curb inflation
Published August 19, 2008, 2:06 pm, EARTHtimes.org
ASPEN, Colo. (Reuters) - The U.S. Federal Reserve must be ready to take action if slowing economic growth fails to curb inflation stemming from higher food and energy prices, two top Fed policy-makers said on Tuesday, indicating that higher interest rates may be needed.
Fed officials say must be ready to curb inflation
Published August 19, 2008, 2:02 pm, Reuters via Yahoo! Singapore News
By Alister Bull
Let's Be Hunts
Published August 17, 2008, 9:05 pm, GoldSeek.com
In March 2008, gold hit a high of around $1030 per ounce. By mid-August, it had collapsed to $772. Similar falls happened to most of the commodities and foreign currencies. Wheat went from a high of $13-15 to $7-8 per bushel; Silver, soybeans and corn all crashed as well.
Gloomy News: Something to Smile About?
Published August 15, 2008, 3:30 pm, Fox News
Just as the University of Michigan reported Friday an ever-so slight uptick in consumer sentiment, the Bureau of Labor Statistics left us scratching our heads
BOND REPORT: Treasury Bonds Rise, Boosted By Commodities Slide
Published August 15, 2008, 12:34 pm, Nasdaq
Treasury bonds rose Friday, sending yields sharply lower, as tumbling commodity prices eased worries about inflation and boosted expectations that the Federal Reserve will not raise interest rates this year.
(AFX UK Focus) 2008-08-15 18:43 Chicago Fed's Evans says risks to growth increased since June FOMC meeting
Published August 15, 2008, 11:13 am, Interactive Investor
WASHINGTON (Thomson Financial) - Federal Reserve Bank of Chicago President Charles Evans said today that the risks to US economic growth have increased since the Federal Reserve's Federal Open Market Committee (FOMC) meeting in June, which prompted him to predict that a return to "normal" growth and lower inflation will only take place by 2010.
The Fed: Sluggish growth, inflation to persist, says Fed's Evans
Published August 15, 2008, 11:03 am, Market Watch
Slow economic growth and elevated inflation will probably continue until 2010, Chicago Federal Reserve President Charles Evans says.
The Fed: Stern sees weak recovery, diminished inflation
Published August 14, 2008, 12:34 pm, Market Watch
The U.S. economy is fighting headwinds from a severe credit crunch and will probably grow only modestly until easier credit is available, says Gary Stern, president of the Minneapolis Federal Reserve Bank and a voting member of the Federal Open Market Committee.
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