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Listen to a Business English Dialogue About Federal open market committee Lucy: Hi Jacob, have you heard about the Federal Open Market Committee (FOMC) in business and finance? Jacob: Yes, I have. The FOMC is a part of the Federal…

Listen to a Business English Dialogue About Federal intermediate credit bank Ava: Hey Jeremy, have you heard about the Federal Intermediate Credit Bank? Jeremy: Yes, Ava. It’s one of the components of the Farm Credit System, right? It provides financial…

Listen to a Business English Dialogue About Federal insurance contributions act Vanessa: Hi Steven, have you heard of the Federal Insurance Contributions Act? Steven: Yes, Vanessa, the Federal Insurance Contributions Act, commonly known as FICA, is a U.S. federal law…

Listen to a Business English Dialogue About Federal home mortgage corporation Katherine: Hi James, have you heard of the Federal Home Mortgage Corporation? James: Yes, I have. It’s also known as Freddie Mac, right? Katherine: That’s correct. Freddie Mac is…

Listen to a Business English Dialogue About Federal home loan bank system Chloe: Hi Jimmy, have you heard about the Federal Home Loan Bank System in finance? Jimmy: Yes, I have. It’s a network of regional banks in the United…

Listen to a Business English Dialogue About Federal home loan bank board Avery: Hi Alan, have you heard about the Federal Home Loan Bank Board in business and finance? Alan: Yes, I have. The Federal Home Loan Bank Board was…

Listen to a Business English Dialogue About Federal funds Harper: Hi Harold, have you heard of “federal funds” in finance? Harold: Yes, I have. Federal funds are excess reserves that banks lend to each other overnight to meet their reserve…

Listen to a Business English Dialogue About Federal farm credit bank Gabriella: Hi Billy, have you heard about the Federal Farm Credit Bank in business and finance? Billy: Yes, Gabriella. The Federal Farm Credit Bank is a government-sponsored enterprise that…

Listen to a Business English Dialogue About Federal agricultural mortgage corporation Melody: Hi Aaron, have you heard of the Federal Agricultural Mortgage Corporation? Aaron: Yes, Melody. It’s also known as Farmer Mac, right? It’s a government-sponsored enterprise that provides financial…

Listen to a Business English Dialogue About Far month Faith: Hi Andrew, have you heard about the term “far month” in business and finance? Andrew: No, I haven’t. What does it mean? Faith: The far month refers to the futures…