> ## Knowledge Base Index
> Fetch the complete knowledge base index at: https://biasinvestors.crisp.help/sitemap.xml
> Use this file to discover available pages before exploring further.
> Pure-Markdown content can be obtained by appending a '.md' suffix to the content URLs listed in the sitemap (without the trailing slash).

# Federal Open Market Committee (FOMC)

A committee of the Federal Reserve Board that operates by selling and buying U.S. government securities to and from member banks in the open market. The Fed’s open market operations are its most effective tool of monetary control.