Fill in the Blank Question

Fill in the blank question.
The (use acronym) meets regularly to direct the purchase and sale of government securities (bills, notes, bonds) in the open market in which such securities are bought and sold on a daily basis.

1 answer

The FOMC (Federal Open Market Committee) meets regularly to direct the purchase and sale of government securities (bills, notes, bonds) in the open market in which such securities are bought and sold on a daily basis.