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In macroeconomics, an open market operation (OMO) is an activity by a central bank to exchange liquidity in its currency with a bank or a group of banks. The central bank can either transact government bonds and other financial assets in the open market or enter into a repurchase agreement or secured lending transaction with a commercial bank.
The primary way that the central bank can affect the monetary base is by open market operations or sales and purchases of second hand government debt, or by changing the reserve requirements. Simple monetarism posits that if the central bank wishes to raise inflation, it purchases government debt, thereby increasing the amount of cash in ...
It provides policy directions in the areas of money, banking and credit and exists to supervise operations of banks and exercises regulatory powers over non-bank financial institutions. It keeps aggregate demand from growing rapidly with resulting high inflation, or from growing too slowly, resulting in high unemployment .
Municipal police, city police, or local police are law enforcement agencies that are under the control of local government. This includes the municipal government, where it is the smallest administrative subdivision. They receive funding from the city budget, and may have fewer legal powers than the "state paid" police.
The term OMO is now generally used to support a campaign, often led by the pensions industry and the media, to make sure people know the benefits of shopping around. The majority of people still don’t use the Open Market Option in large part because they don’t know they can or don’t realise the benefits of doing so.
On foot, RiRi wore an eye-catching pair of Crocs, though hers were naturally an exclusive, fashion-forward pair. The chunky black rubber shoes, embellished with pearl and spike studs, were created ...
OMG—what a little cutie! Marshmallow is having a ball (pun intended) chasing the Christmas ornaments, and her family gets major brownie points for letting the puppy play.It's a plastic ornament ...
A primary dealer is a firm that buys government securities directly from a government, with the intention of reselling them to others, thus acting as a market maker of government securities. The government may regulate the behaviour and number of its primary dealers and impose conditions of entry.