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Tag Archives: Federal Open Market Committee (FOMC)
Changing the rules at the FOMC
Representative Barney Frank (D-MA) has introduced a measure that would change the membership of the Federal Open Market Committee (FOMC), the group within the Federal Reserve that sets short-term interest rates by intervening in the federal funds market. The FOMC … Continue reading →
Posted in monetary policy
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Tagged Barney Frank, Federal Open Market Committee (FOMC), Federal Reserve, Gerald O'Driscoll
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