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Name: FRB: Monetary PolicyOpen Market Operations

Description: Open Market Operations. Open market operations--purchases and sales of U.S. Treasury and federal agency securities--are the Federal Reserve's principal tool for implementing monetary policy. basis point is 1/100 percentage point. Home | Monetary policy

Category: Monetary

Url: http://www.federalreserve.gov/fomc/fundsrate.htm

Date: Sep 19, 2005

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