ECONOMICS (CBSE/UGC NET)

ECONOMICS

FEDERAL RESERVE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How often does the Federal Open Market Committee meet?
A
one time per month
B
four times per year
C
six times per year
D
eight times per year
Explanation: 

Detailed explanation-1: -The FOMC holds eight regularly scheduled meetings per year.

Detailed explanation-2: -Meeting calendars, statements, and minutes (2018-2023) The FOMC holds eight regularly scheduled meetings during the year and other meetings as needed. Links to policy statements and minutes are in the calendars below.

Detailed explanation-3: -The FOMC meets eight times a year. At each meeting, the committee discusses the outlook for the U.S. economy and monetary policy options.

Detailed explanation-4: -The FOMC meets eight times a year, holding a meeting once every six weeks. The committee can meet on an emergency basis if economic events get out of hand and the Fed believes it needs to act before the next scheduled meeting. Here are the dates of the 2023 scheduled Fed meetings: January 31 to February 1, 2023.

Detailed explanation-5: -The group is a 12-member group that is the primary committee of the Fed affecting monetary policy.

There is 1 question to complete.