Federal Open Market Committee
Federal Open Market Committee (FOMC) controls open market operations for the Federal Reserve. It consists of twelve members: seven members of the Board of Governors of the Federal Reserve System; the president of the Federal Reserve Bank of New York; and four of the remaining eleven Reserve Bank presidents, who serve one-year terms on a rotating basis.
The FOMC holds eight regularly scheduled meetings per year, where the members review economic and financial conditions, determines the appropriate stance of monetary policy, and assesses the risks to its long-run goals of price stability and sustainable economic growth.
The FOMC holds eight regularly scheduled meetings per year, where the members review economic and financial conditions, determines the appropriate stance of monetary policy, and assesses the risks to its long-run goals of price stability and sustainable economic growth.
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David Moenning's Daily State of the Markets: 12/17
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Financial Select Sector (XLF) January volatility at 78; XLF up 7% on FOMC rate cuts
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Volatility Index NASDAQ 100-VXN down 4.14 to 50.57; FOMC lowers target to range of 0 to.25%
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Fed Cuts Rates To Target Range of 0%-0.25%
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FOMC cuts interest rates to target range to 0.%-0.25%
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Volatility Index NASDAQ 100-VXN down 1.40 to 53.30 into FOMC rate decision.
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Trading Radar for 12/16: Goldman (GS), Best Buy (BBY), Adobe (ADBE), Hovnanian (HOV), VeriFone (PAY) Report; CPI, Building Permits, FOMC Policy Statement Due
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Ben Bernanke Speech From Greater Austin Chamber of Commerce
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FOMC Expands December Meeting to 2 Days
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Stock Bloodbath Continues, Dow Below 8,000
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FOMC Minutes October 28-29, 2008
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Fed Agreed Oct 29 To Take 'Whatever Steps' Needed For Economy
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Trading Radar for 11/19: BJ's (BJ), LDK Solar (LDK), Trina Solar (TSL), Intuit (INTU) Report; CPI, Housing Starts for Oct., FOMC Minutes Due
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Federal Reserve Raises Interest Rates To Depository Institutions
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Top 10 News Items 10/27-10/31: Following One of the Worst Months in Stock Market History, Equities Posted a Late-Stage Rally; DJIA Finished October Down Only 13%
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Fed Announces $120B In Swap Lines With Four Counties
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Volatility Index NASDAQ 100-VXN down 2.19 to 64.01
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FOMC Cuts Rates 50 Basis Points to 1%
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FOMC Lowers Interest Rates 50 bps to 1%
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Volatility Index NASDAQ 100-VXN up 1.55 to 67.76 into FOMC rate decision
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Trading Radar for 10/29: Kraft (KFT), Procter & Gamble (PG), Visa (V), First Solar (FSLR), Comcast (CMCSA), Legg Mason (LM), MGM MIRAGE (MGM) Report; FOMC Policy Statement Due
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Fed To Raise Interest Rate It Pays Banks On Reserves
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Central Banks Announce Further Liquidity Measures
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Fed Cuts Rates 50bp
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Fed Cuts Rates 50bp, Other Central Banks Also Cut
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FOMC Minutes September 16, 2008
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FOMC Minutes: Some policy makers leaned toward rate cut. Fed saw diminished inflation risk
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Ben S. Bernanke At the National Association for Business Economics 50th Annual Meeting
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Trading Radar for 10/07: Alcoa (AA), Yum! (YUM), Safeway (SWY) Report; FOMC Minutes, Consumer Credit for August Due
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Fed announces that it will begin to pay interest on depository institutions required and excess reserve balances
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Federal Reserve And Central Banks Announce Further Coordinated Actions to Expand Significantly the Capacity to Provide U.S. Dollar Liquidity
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Federal Reserve and other central banks announce operations to address funding pressures over quarter end
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Ben Bernanke Testimony Before the Joint Economic Committee, U.S. Congress
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Top 10 News Items 9/15-9/19: Gov't Plan Sparks Relief Rally; Feds Loan AIG $85B; Lehman Files for Bankruptcy
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Fed and Other Central Banks Announce More Liquidity Measures
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FOMC Leaves Rates Unchanged At 2%
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Volatility Index NASDAQ 100-VXN up 45c to 32.60 into FOMC rate decision
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Reminder: FOMC Interest Rate Decision Expected In About 15 Minutes
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Trading Radar for 9/16: Goldman Sachs (GS), Best Buy (BBY), Adobe (ADBE), Darden (DRI), CBRL Group (CBRL) Report; CPI for August, FOMC Policy Statement Due
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David Moenning's Daily State of the Markets: 8/27
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Minutes of the Federal Open Market Committee (August 5)
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FOMC Minutes: Some fed officials were concerned inflation won't ease in 2009
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Trading Radar for 8/26: Rio Tinto (RTP), Thornburg (TMA), Smithfield Farms (SFD), Big Lots (BIG), Hain Celestial (HAIN), J. Crew (JCG) Report; Consumer Confidence, FOMC Minutes Due
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StreetInsider.com Top 10 News Items 8/4-8/8: Crude, Fannie/Freddie, Auction Rate Securities, More...
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David Moenning's Daily State of the Markets: 8/06
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FOMC Rate Decision Side-By-Side Comparison (08/05 vs 06/25)
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Volatility Index NASDAQ 100-VXN down 1.21 to 26.39
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FOMC Leaves Rates Unchanged At 2%
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FOMC leaves rates unchanged at 2%
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Volatility Index NASDAQ 100-VXN down 1.18 to 26.38 into FOMC rate decision

