Search: FOMC
RBA Glossary definition for FOMC
FOMC – Federal Open Market Committee
Search Results
International and Foreign Exchange Markets
10 Feb 2009
SMP
– February 2009
In the United States, the Federal Open Market Committee (FOMC) lowered its policy rate from 1 per cent to a target range of 0 to per cent. ... In its statement, the FOMC said that the federal funds rate is likely to remain at exceptionally low levels
https://www.rba.gov.au/publications/smp/2009/feb/intl-fx-mkts.html
International and Foreign Exchange Markets
10 Feb 2014
SMP
– February 2014
Consistent with this, the median expectations of the members of the Federal Open Markets Committee (FOMC) for the level of the federal funds rate in 2015 and 2016 were revised down
https://www.rba.gov.au/publications/smp/2014/feb/intl-fx-mkts.html
International and Foreign Exchange Markets
15 May 2017
SMP
– May 2017
The Federal Open Market Committee (FOMC) has continued to gradually increase its policy rate. ... The median projection of FOMC members is for two more increases in interest rates (of 25 basis points) this year, which is a somewhat faster pace of
https://www.rba.gov.au/publications/smp/2017/may/international-and-foreign-exchange-markets.html
International Economic Developments
4 Feb 2016
SMP
– February 2016
The FOMC raised the federal funds rate target at its December meeting, in response to labour market strength and with the expectation that inflation would increase in the period ahead.
https://www.rba.gov.au/publications/smp/2016/feb/international-economic-developments.html
International and Foreign Exchange Markets
10 Aug 2016
SMP
– August 2016
At the July meeting, the FOMC noted that household spending and the labour market had strengthened and the near-term risks to the outlook had diminished. ... rate increase by the FOMC (The appreciation has been most pronounced against the currencies of
https://www.rba.gov.au/publications/smp/2016/aug/international-and-foreign-exchange-markets.html
The International Environment
10 Aug 2018
SMP
– August 2018
The median of Federal Open Market Committee (FOMC) member projections suggests that the federal funds rate will be increased six more times by the end of 2020, to be around percentage
https://www.rba.gov.au/publications/smp/2018/aug/the-international-environment.html