Forex Glossary

Get the grips with forex jargon in your trading journey

Federal Open Market Committee (FOMC)

Jul 20, 2020 10:40

|

The Board of Governors of the Federal Reserve System is responsible for the discount rate and reserve requirements, and the Federal Open Market Committee is responsible for open market operations.

The Federal Reserve controls the three tools of monetary policy, Open market operations, The discount rate and Reserve requirements.

Loading spinner