Search: FOMC
RBA Glossary definition for FOMC
FOMC – Federal Open Market Committee
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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
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
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 2014
SMP
– November 2014
The Federal Open Markets Committee (FOMC) affirmed it will maintain the balance sheet at this level until at least the time at which it decides to begin raising its policy rate, ... Official communication from the Fed continues to state that rates will
https://www.rba.gov.au/publications/smp/2014/nov/intl-fx-mkts.html
The International Environment
4 Feb 2021
SMP
– February 2021
In the United States, most members of the Federal Open Market Committee (FOMC) expect the policy rate to remain unchanged until at least 2023, consistent with forward guidance that the policy
https://www.rba.gov.au/publications/smp/2021/feb/the-international-environment.html
International and Foreign Exchange Markets
10 Aug 2017
SMP
– August 2017
The FOMC expects inflation to remain somewhat below its goal in the near term but to stabilise around its goal over the medium term. ... Market participants generally expect a substantially slower pace of tightening than that projected by the FOMC.
https://www.rba.gov.au/publications/smp/2017/aug/international-and-foreign-exchange-markets.html
The International Environment
10 Feb 2019
SMP
– February 2019
The FOMC acknowledged increased global economic risks, declines in financial market prices and muted inflation pressures. ... Separately, the FOMC has stated that it intends to continue to apply a floor system for implementing monetary policy (i.e.
https://www.rba.gov.au/publications/smp/2019/feb/the-international-environment.html
International and Foreign Exchange Markets
15 Feb 2017
SMP
– February 2017
The market's expected path for interest rates has also steepened, although the implied pace of tightening remains slower than that projected by FOMC members (Graph 2.1). ... Some FOMC members have suggested that a reduction of the Federal Reserve's
https://www.rba.gov.au/publications/smp/2017/feb/international-and-foreign-exchange-markets.html
International and Foreign Exchange Markets
27 Nov 2015
SMP
– November 2015
The US Federal Open Market Committee (FOMC) maintained its target for the federal funds rate at both its September and October meetings. ... The market-implied expected path of the federal funds rate continues to be well below the projection of the
https://www.rba.gov.au/publications/smp/2015/nov/02-international-and-foreign-exchange-markets.html
International and Foreign Exchange Markets
10 May 2014
SMP
– May 2014
The Federal Open Market Committee (FOMC) revised its forward interest rate guidance at its March meeting, replacing the previous threshold-based guidance in favour of qualitative guidance that takes account of ... Under the new guidance, the FOMC
https://www.rba.gov.au/publications/smp/2014/may/intl-fx-mkts.html