#FOMCMeeting The FOMC (Federal Open Market Committee) meeting is currently underway, scheduled for May 6-7, 2025. During this meeting, the committee discusses and sets monetary policy, which significantly impacts financial markets, mortgage rates and economic growth ¹.

Some key areas of focus for the FOMC include ²:

- *Monetary Policy Decisions*: Setting interest rates and regulating the money supply to promote maximum employment and price stability.

- *Economic Projections*: Reviewing economic data and projections to inform policy decisions.

- *Financial Stability*: Monitoring potential risks to the financial system and taking steps to mitigate them.

The FOMC meets eight times a year, and the minutes of these meetings are released three weeks after the policy decision. You can find more information on the Federal Reserve's website, including meeting calendars, statements and minutes ².