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Federal Reserve Confirms FOMC Meeting Commenced at 9AM in Washington

The central bank announced that its scheduled policy meeting began on time in Washington, D.C.

Summary

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Terms & Concepts
  • FOMC: The Federal Open Market Committee, the branch of the Federal Reserve responsible for setting monetary policy, including interest rates and open market operations.
  • Federal Reserve: The central banking system of the United States, which regulates monetary policy, supervises banks, and aims to maintain financial stability.