What does POMO mean in Banking?
This page is about the meanings of the acronym/abbreviation/shorthand POMO in the Business field in general and in the Banking terminology in particular.
Permanent Open Market Operations
Federal Reserve purchase or sale of US treasures on the open market to add or drain reserves available to the banking system.
Submitted by paul8539 on June 14, 2011
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Definition
What does POMO mean?
- Pomo(noun)
- a member of an Indian people of northern California living along the Russian River valley and adjacent Pacific coast
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"POMO." Abbreviations.com. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.abbreviations.com/term/605819>.
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