What is the subject of Federal Open Market Committee decisions?

scheduling of banking days and hours for member banks

level of interest rates and growth of the money supply

chartering of new banks and other lending institutions

appointment of members of the Federal Reserve’s Board of Governors

1 answer

The subject of Federal Open Market Committee (FOMC) decisions primarily pertains to the level of interest rates and growth of the money supply. The FOMC is responsible for implementing monetary policy in the United States, which includes setting target interest rates and making decisions that affect overall economic conditions.