Search: FOMC
RBA Glossary definition for FOMC
FOMC – Federal Open Market Committee
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Gauging the Uncertainty of the Economic Outlook Using Historical Forecasting Errors: The Federal Reserve's Approach
28 Feb 2017
RDP
2017-01
We draw several conclusions. First, if past performance is a reasonable guide to future accuracy, considerable uncertainty surrounds all macroeconomic projections, including those of FOMC participants. ... the intervals cover about 70 percent of possible
https://www.rba.gov.au/publications/rdp/2017/2017-01.html
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Appendix C: Further Results on Risk Management-driven Policy Decisions
1 Oct 2017
RDP
2017-06
Further, they focus on the information possessed by the FOMC in real time, while our VAR framework employs revised data. ... Statements. Cuban missile crisis. FOMC HM 23/10/1962 meeting. ‘With regard to policy, Mr.
https://www.rba.gov.au/publications/rdp/2017/2017-06/appendix-c.html
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Lessons of the Crisis
10 Dec 2014
RDP
2014-02
Footnote. See their presentation to the FOMC on 29 January 2002 (FOMC 2002).
https://www.rba.gov.au/publications/rdp/2014/2014-02/lessons-crisis.html
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Alternatives and Limitations
31 Dec 2012
RDP
2012-07
The Federal Open Market Committee (FOMC) started releasing estimates of uncertainty with its forecasts in November 2007. ... This projection was associated with a RMSE of 1.1 percentage points, which was the average over the previous twenty years (FOMC
https://www.rba.gov.au/publications/rdp/2012/2012-07/alt-limitations.html
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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
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What's Going on?
29 May 2017
RDP
2017-02
Moreover, evidence for the United States suggests that FOMC members are unable to improve on staff forecasts (Romer and Romer 2008), which suggests that private information sets of Board members are
https://www.rba.gov.au/publications/rdp/2017/2017-02/whats-going-on.html
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References
14 Mar 2016
RDP
2016-01
FOMC (Federal Open Market Committee) (2009), ‘Minutes of the Federal Open Market Committee December 15–16, 2009’.
https://www.rba.gov.au/publications/rdp/2016/2016-01/references.html
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References
23 Apr 2019
RDP
2019-03
Hausman J and J Wongswan (2011), ‘Global Asset Prices and FOMC Announcements’, Journal of International Money and Finance, 30(3), pp 547–571.
https://www.rba.gov.au/publications/rdp/2019/2019-03/references.html
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Methodology
31 Dec 2005
RDP
2005-04
From August 1997 to June 1999 I sat on the backbench at the meetings of the FOMC and received all of the material distributed to the participants … The interesting thing is
https://www.rba.gov.au/publications/rdp/2005/2005-04/methodology.html
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References
10 Jul 2019
RDP
2019-05
FOMC (Federal Open Market Committee) (2016), ‘Minutes of the Federal Open Market Committee, April 26–27, 2016’, Board of Governors of the Federal Reserve System, Washington DC.
https://www.rba.gov.au/publications/rdp/2019/2019-05/references.html
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