Search: FOMC
RBA Glossary definition for FOMC
FOMC – Federal Open Market Committee
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References
31 Dec 2004
RDP
2004-10
Federal Open Market Committee (FOMC) (1997), Transcript of the FOMC meeting on February 4–5, Board of Governors of the Federal Reserve System, pp 9–14.
https://www.rba.gov.au/publications/rdp/2004/2004-10/references.html
Measuring the Impact of News on Interest Rates: A Cross-country Study
31 Dec 2004
RDP
2004-10
In the US in particular, there has been debate over whether the FOMC policy statements should be signalling future policy intentions. ... viewed by the press and Congress than whether they are a tool to influence markets' expectations (see FOMC 1997).
https://www.rba.gov.au/publications/rdp/2004/2004-10/measuring-the-impact-of-news-on-interest-rates-a-cross-country-study.html