The Fed's key policy rate is set by the Federal Open Market Committee.

美联储关键政策利率是由联邦公开市场委员会制定的。

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NPR's Craig Windham reports the Fed's policy-making Open Market Committee made that announcement after completing its monthly meeting in Washington.

据NPR新闻的克雷格·温德姆报道，美联储制定政策的公开市场委员会结束了在华盛顿举行的每月例会后发表了以上声明。

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The Fed's policy panel, the Federal Open Market Committee (FOMC), announced that it had cut its target for the federal funds rate to between zero and 0.25%, the lowest on record;

美联储的政策专家组，联邦公开市场委员会（FOMC）宣布已将联邦基金利率降至史上最低的0-0.25%水平。

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The Federal Open Market Committee meets about every six weeks or so and they decide on monetary policy.

联邦公开市场委员会,没六周左右开会一次,并且制定货币政策。

耶鲁公开课 - 金融市场课程节选

The Federal Open Market Committee makes monetary policy so it's decentralized and long terms.

联邦公开市场监察小组,制定货币政策,所以它是分权并且长期的。

耶鲁公开课 - 金融市场课程节选

Attention of the market place is also turning to the Federal Open Market Committee monetary policy meeting of the U.S. Federal Reserve, which starts Tuesday and ends Wednesday.

FORBES: P.M. Kitco Metals Roundup: Gold Ends Up on More Safe-Haven Demand, Fresh Speculative Buying Interest

While the bailout saga in Cyprus has the potential to stir global markets again, the U.S. Federal Open Market Committee's policy statement after the European close and Federal Reserve Chairman Ben Bernanke's news conference may hold some attention.

WSJ: European Markets Shrug Off Cyprus Vote

Also, the market began working its way higher again after a policy statement following a U.S. Federal Open Market Committee meeting Wednesday showed that the Fed intends to stick with its accommodative monetary policy, said Sean Lusk, gold and silver analyst with Ironbeam.

FORBES: Comex Gold Rebounds On Easing Prospects, Indian Demand, Technical Factors