Search: FOMC

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RBA Glossary definition for FOMC

FOMC – Federal Open Market Committee

Search Results

What's Going on?

29 May 2017 RDP 2017-02
James Bishop and Peter Tulip
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

Romer and Romer's Approach

29 May 2017 RDP 2017-02
James Bishop and Peter Tulip
other data (such as the forecasts of the private sector or the Federal Open Market Committee (FOMC)) do not provide useful additional information.
https://www.rba.gov.au/publications/rdp/2017/2017-02/romer-and-romers-approach.html

Anticipatory Monetary Policy and the ‘Price Puzzle’

1 May 2017 RDP 2017-02
James Bishop and Peter Tulip
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/full.html

References

29 May 2017 RDP 2017-02
James Bishop and Peter Tulip
Romer CD and DH Romer (2008), ‘The FOMC Versus the Staff: Where Can Monetary Policymakers Add Value?’, The American Economic Review, 98(2), pp 230–235.
https://www.rba.gov.au/publications/rdp/2017/2017-02/references.html