System Open Market Account
The System Open Market Account (SOMA) is one of the monetary policy tools used by the United States' Federal Reserve System that contains assets acquired by open market operations (OMOs). It is managed by the Federal Reserve Bank of New York, which the Federal Open Market Committee (FOMC) designated to execute OMOs on behalf of the entire Federal Reserve System.
Q178476
monetary policy
Concept
Q30
United States
LOC
Q53536
Federal Reserve System
Concept
Q667481
open market operations
Concept
Q115860
Federal Reserve Bank of New York
LOC
Q2289022
Federal Open Market Committee
ORG
Q1748641
System Open Market Account
UNK
central bank
country
instance of