Pharaoh Brigadier General Messages 20,304 Jun 30, 2008 #1 Federal Open Market Committee. Consists of the Fed Board of Governors plus 5 of the 12 Federal Reserve Bank presidents. They set the key interest rates for the USA, and also control the money supply.
Federal Open Market Committee. Consists of the Fed Board of Governors plus 5 of the 12 Federal Reserve Bank presidents. They set the key interest rates for the USA, and also control the money supply.