the Federal Open Market Committee Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “the Federal Open Market Committee” in the English Dictionary

"the Federal Open Market Committee" in Business English

See all translations

the Federal Open Market Committeenoun

uk   us   (abbreviation the FOMC) FINANCE, GOVERNMENT
a ​group of twelve ​people who are ​responsible for making decisions ​relating to ​interest and ​creditrates for the Federal Reserve System: Recent ​rate decisions by the Federal Open Market Committee have been ​based on the need to ​balance the ​risks for ​growth and ​inflation.
(Definition of the Federal Open Market Committee from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of the Federal Open Market Committee?
Add Cambridge dictionaries to your browser to your website
Word of the Day


typical of autumn

Word of the Day

Introducing a new author and a new weekly blog post!
Introducing a new author and a new weekly blog post!
by Cambridge Dictionaries Online,
August 27, 2015
The English language is constantly changing. You know that. But did you know that at Cambridge Dictionaries Online we keep track of the changes? We continually add new words and new meanings to our online dictionary for learners of English. Some of them are new to English entirely (neologisms), and some

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More