Search: FOMC

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RBA Glossary definition for FOMC

FOMC – Federal Open Market Committee

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International Economic Developments

10 Aug 2013 SMP – August 2013
However, the recent rise in 30-year mortgage rates following the Federal Open Market Committee (FOMC) communications (see the ‘International and Foreign Exchange Markets’ chapter) may slow the improvement in the ... At 7.4 per cent, the unemployment
https://www.rba.gov.au/publications/smp/2013/aug/intl-eco-dev.html

Statement on Monetary Policy

10 Nov 2005 Bulletin – November 2005
Statement on Monetary Policy-November 2005
https://www.rba.gov.au/publications/bulletin/2005/nov/1.html

International and Foreign Exchange Markets

10 May 2008 SMP – May 2008
In the United States, the Federal Open Market Committee (FOMC) lowered the policy rate by 75 basis points in March and a further 25 basis points in April, taking the cumulative ... With the size of the easing to date and a number of FOMC members
https://www.rba.gov.au/publications/smp/2008/may/intl-fx-mkts.html

Statement on Monetary Policy

10 Feb 2005 Bulletin – February 2005
25 basis points at each Federal Open Market Committee (FOMC) meeting. ... which implies 25 basis point increases at three of the next four FOMC meetings (Graph 17).
https://www.rba.gov.au/publications/bulletin/2005/feb/1.html

International and Foreign Exchange Markets

9 May 2016 SMP – May 2016
The FOMC toned down references to these risks in April, but cautioned about slightly weaker developments in the domestic economy. ... per cent increase in the iron ore price), and reduced expectations of the pace of policy tightening in the United
https://www.rba.gov.au/publications/smp/2016/may/international-and-foreign-exchange-markets.html

Statement on Monetary Policy

10 Aug 2003 Bulletin – August 2003
In the US, the Federal Open Market Committee (FOMC) cut the Fed funds target by 25 basis points to 1 per cent at its meeting in late June.
https://www.rba.gov.au/publications/bulletin/2003/aug/1.html

International and Foreign Exchange Markets

10 Feb 2008 SMP – February 2008
In the United States, the Federal Open Market Committee (FOMC) cut its policy rate by a cumulative 150 basis points in three moves over December and January, including an inter-meeting
https://www.rba.gov.au/publications/smp/2008/feb/intl-fx-mkts.html

International Economic Developments

10 Nov 2014 SMP – November 2014
In year-ended terms, personal consumption expenditure inflation remains below the Federal Open Market Committee's (FOMC) goal of 2 per cent. ... At its October meeting, the FOMC ended its asset purchase program (see ‘International and Foreign Exchange
https://www.rba.gov.au/publications/smp/2014/nov/intl-eco-dev.html

The International Environment

10 May 2018 SMP – May 2018
The Federal Open Market Committee (FOMC) anticipates that it will continue to raise its policy rate gradually over the coming years to a level that implies some contractionary pressures on growth ... Market participants expect a somewhat slower pace of
https://www.rba.gov.au/publications/smp/2018/may/the-international-environment.html

International and Foreign Exchange Markets

10 Nov 2007 SMP – November 2007
As noted, the Federal Open Markets Committee (FOMC) cut the federal funds rate by 50 basis points in September, to 4 per cent. ... In its accompanying statement, the FOMC cited the strains in credit and money markets as posing downside risks to the
https://www.rba.gov.au/publications/smp/2007/nov/intl-fx-mkts.html