#FOMCMeeting Do you know what the Federal Open Market Committee (FOMC) meeting means?
The Federal Open Market Committee (FOMC) meeting is one of the most important economic events that global markets are anticipating!
During this meeting, the Federal Reserve (Fed) decides whether to raise, lower, or maintain interest rates based on inflation, unemployment, and economic growth data.
Why does it matter to you as an investor or trader?
It determines the direction of monetary policy in the United States
It directly affects the movement of the US dollar
It leads to strong volatility in stock markets, currencies, gold, and cryptocurrencies
Tips before and during the meeting:
1. Avoid entering into large positions before the decision is announced
2. Pay attention to the statements accompanying the decision, as they are equally important
3. Be prepared for violent market movements in the first few minutes
Next meeting date:
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Follow us for live analyses and market reactions after every #FOMCMeeting
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