Open market committee (FOMC) - Анонс
%Open market operations are the most important monetary policy instrument. The open market committee (FOMC) attends to purchase and sale of federal promissory notes and securities of exchequer of the USA.
Exchequer securities are used for financing of federal costs and manufactured in paid and not paid forms. Paid papers include:
Exchequer bills (treasury bills) with a maturity 13, 26, 52 weeks and nominal value from 10 thousand dollars;
Treasure bonds (treasury bonds) nominal value over 1 thousand dollars which can be both intermediate term, and long-term.
Planned meetings FOMC are spent eight times a year, on them committee members discuss current economic circumstances, possible variants of its development, a monetary policy direction. Not less than two times a year the Committee also takes a vote in directions of a long-term strategy concerning the major indicators of a money supply and a public debt.
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Exchequer securities are used for financing of federal costs and manufactured in paid and not paid forms. Paid papers include:
Exchequer bills (treasury bills) with a maturity 13, 26, 52 weeks and nominal value from 10 thousand dollars;
Treasure bonds (treasury bonds) nominal value over 1 thousand dollars which can be both intermediate term, and long-term.
Planned meetings FOMC are spent eight times a year, on them committee members discuss current economic circumstances, possible variants of its development, a monetary policy direction. Not less than two times a year the Committee also takes a vote in directions of a long-term strategy concerning the major indicators of a money supply and a public debt.
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