Shadow Open Market Committee (SOMC)


An independent committee setup in 1973 by Professor Karl Brunner and Professor Allan Meltzer with the aim of appraising policies made by Federal Reserve's Open Market Committee (FOMC). This includes monetary and fiscal policies like tax and international trade policies.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
shadow calendar shadow price