The Federal Open Market Committee is a committee within the Federal Reserve System that oversees the nation's open market operations.
http://www.businessinsider.com/fomc-explained-2013-4?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+clusterstock+%28ClusterStock%29
http://www.businessinsider.com/fomc-explained-2013-4?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+clusterstock+%28ClusterStock%29
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