Definition of Federal Open Market Committee in English:

Federal Open Market Committee

Syllabification: Fed·er·al O·pen Mar·ket Com·mit·tee

Entry from US English dictionary

noun

  • A committee of the Federal Reserve Board that meets regularly to set monetary policy, including the interest rates that are charged to banks.

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Word of the day coloratura
Pronunciation: ˌkɒlərəˈtjʊərə
noun
elaborate ornamentation of a vocal melody