Federal Open Market Committee (FOMC)

URI: https://gptkb.org/entity/Federal_Open_Market_Committee_(FOMC)
GPTKB entity
Statements (28)
Predicate Object
gptkbp:instanceOf Monetary policy committee
gptkbp:country gptkb:United_States
gptkbp:established 1933
gptkbp:hasChair gptkb:Jerome_Powell
gptkbp:headquarters gptkb:Washington,_D.C.
https://www.w3.org/2000/01/rdf-schema#label Federal Open Market Committee (FOMC)
gptkbp:mainFunction Setting U.S. monetary policy
Conducting open market operations
Setting federal funds rate target
gptkbp:meetingPlace 8 times per year
gptkbp:members 12
gptkbp:parentOrganization gptkb:Federal_Reserve_Board
gptkbp:partOf gptkb:Federal_Reserve_System
gptkbp:permanentMembers gptkb:Board_of_Governors_of_the_Federal_Reserve_System
7
gptkbp:publishedIn gptkb:FOMC_statements
Meeting minutes
gptkbp:responsibleFor Influencing interest rates
Managing money supply
Promoting maximum employment
Promoting stable prices
U.S. monetary policy decisions
gptkbp:rotatingMembers gptkb:Presidents_of_Federal_Reserve_Banks
5
gptkbp:vicePresident gptkb:John_C._Williams
gptkbp:website https://www.federalreserve.gov/monetarypolicy/fomc.htm
gptkbp:bfsParent gptkb:Banking_Act_of_1935
gptkbp:bfsLayer 6