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The Federal Open Market Committee, FOMC, is one of the 3 key entities within the US Federal Reserve System in charge of short-term interest rate decisions and growth of the US money supply according to the everchanging economic outlook.
Federal Open Market Committee
The European Central Bank (ECB) is the Central Bank for the European Union assuring its stability through Monetary Policy, which involves 19 EU member states. It is one of the major currency areas in the world and one of the world’s most important central banks.
European Central Bank
The Bank of England, BOE, is the central bank of the United Kingdom (UK) that oversees monetary policy, acts as the government’s bank, and bears responsibility as the lender of last resort.
Bank of England
The BOJ is in charge of the issuance and supervision of the currency, the Yen, and treasury securities, implementing Monetary Policy, maintaining the stability of the Japanese Financial System, as well as providing settling and clearing services.
Bank of Japan
The Bank of Canada, BOC, is Canada’s central bank, headquartered in Ottawa, and is in charge of preserving the value of the Canadian currency through keeping the inflation rates low and stable.
Bank of Canada
The Swiss National Bank, SNB, is an independent central bank that conducts Switzerland’s monetary policy in accordance with the interests of the country as a whole.
Swiss National Bank
The Reserve Bank of Australia, RBA, is Australia’s central bank in charge of ensuring the stability of the Australian currency, full employment and economic prosperity directed to the greatest advantage of the Australian citizens.
Reserve Bank of Australia
The Reserve Bank of New Zealand, RBNZ, is the nation’s central bank that was first established in 1934. Although not a government department, the RBNZ has been wholly owned by the government of New Zealand since 1936.
Reserve Bank of New Zealand
Gross Domestic Product (GDP) is the broadest measure of an economy’s overall health. It is an index that comprises all the finished goods and services occurring within the geographical borders of a country.
Gross Domestic Product
The Consumer Price Index (CPI) is an economic indicator that measures the price change of a basket of consumer products and services.
Consumer Price Index
Unemployment is a situation where a person is actively seeking employment but is unable to find it.
Retail Sales is an economic indicator that measures the collective sales of retail goods within a country over a certain period of time.
PMI, Purchasing Managers’ Index, is among the most vital leading indicators that signals the economic wellbeing of businesses within different industries.
Purchasing Managers’ Index