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The Federal Open Market Committee (FOMC)

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The goals for the monetary policy is to maximize employment, stable prices and moderate long term interest in the federal reserve act.
The federal open market committee (FOMC) gave these goals to them. The FOMC seeks to explain its monetary policies to the public clearly.

It is important to clearly explain the monetary policy decisions for Many reasons. Clarity facilitates well informed decision making in households and business, reduces economic uncertainty and increases the effectiveness of the monetary

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