The Fed uses open market operations to keep the federal funds rate at its established target. Open market operation (OMO) is a term that refers to the purchase and sale of securities in the open ...

Permanent open market operations (POMO) refers to the U.S. Federal Reserve program of ongoing, unlimited purchases and sales of short term U.S. Treasury securities in the open market for ...

Open market operations are an important part of a central bank's duties in implementing monetary policy and managing the money supply. How Do Open Market Operations Affect the Money Supply?