Search: FOMC

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RBA Glossary definition for FOMC

FOMC – Federal Open Market Committee

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The International Environment

10 May 2019 SMP – May 2019
market. The Federal Open Market Committee (FOMC) now projects its policy rate is most likely to remain unchanged in 2019, followed by one increase in 2020 (in December, officials projected two ... By contrast, market pricing suggests that the FOMC is
https://www.rba.gov.au/publications/smp/2019/may/the-international-environment.html

International and Foreign Exchange Markets

10 Feb 2014 SMP – February 2014
Consistent with this, the median expectations of the members of the Federal Open Markets Committee (FOMC) for the level of the federal funds rate in 2015 and 2016 were revised down
https://www.rba.gov.au/publications/smp/2014/feb/intl-fx-mkts.html

International and Foreign Exchange Markets

15 May 2017 SMP – May 2017
The Federal Open Market Committee (FOMC) has continued to gradually increase its policy rate. ... The median projection of FOMC members is for two more increases in interest rates (of 25 basis points) this year, which is a somewhat faster pace of
https://www.rba.gov.au/publications/smp/2017/may/international-and-foreign-exchange-markets.html

International and Foreign Exchange Markets

10 Aug 2016 SMP – August 2016
At the July meeting, the FOMC noted that household spending and the labour market had strengthened and the near-term risks to the outlook had diminished. ... rate increase by the FOMC (The appreciation has been most pronounced against the currencies of
https://www.rba.gov.au/publications/smp/2016/aug/international-and-foreign-exchange-markets.html

International Economic Developments

4 Feb 2016 SMP – February 2016
The FOMC raised the federal funds rate target at its December meeting, in response to labour market strength and with the expectation that inflation would increase in the period ahead.
https://www.rba.gov.au/publications/smp/2016/feb/international-economic-developments.html

The International Environment

10 Aug 2018 SMP – August 2018
The median of Federal Open Market Committee (FOMC) member projections suggests that the federal funds rate will be increased six more times by the end of 2020, to be around percentage
https://www.rba.gov.au/publications/smp/2018/aug/the-international-environment.html