What is the role of the Federal Open Market Committee? A. It appoints the Fed Board of Governors. B. It oversees the entire Federal Reserve System. C. It redraws the map of the Federal districts every ten years. D. It makes key decisions about the U.S. money supply.
@timo86m @oldrin.bataku @Mertsj
@jennychan12
Is there some reason you couldn't google this for yourself? By buying and selling Treasury Securities on the open market they can change the availability of these currencies, thus changing the market price of these securities, thus changing the effective interest rate of these securities, thus influencing all interest rates. This is amplified by the market members taking note of the actions of the Open Market Commitee reflecting the intention of the Fed.
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