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Meaning of FOMC | Babel Free

Noun CEFR B1

Definitions

Initialism of Federal Open Market Committee.

US, abbreviation, alt-of, initialism

Examples

“The FOMC, which we think⟳ of as making monetary policy decisions, is made up of the members of the BoG plus the president of the Federal Reserve⟳ Bank of New York, and four other rotating regional reserve⟳ bank presidents. Unanimous votes on the FOMC are the norm in recent history, reflecting the committee’s tendency to follow⟳ the leader.”

CEFR level

B1
Intermediate
This word is part of the CEFR B1 vocabulary — intermediate level.
See all B1 English words →

See also

foment Fomentation Fomentations Fomented Fomenter Fomenters

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