#FOMCMeeting FOMC Meeting) is the event where the monetary policy makers at the U.S. central bank (Federal Reserve) meet to discuss the state of the U.S. economy and make important decisions, such as raising or lowering interest rates.
Why is it important?
Because the decision that comes out of the meeting can shake global markets! If they raise interest rates, stock markets might drop, and the dollar might rise. If they lower them, the opposite could happen.
How many times does it happen?
The meeting is held approximately 8 times a year, and each time investors await it as if it were a final match!
The goal?
To achieve a balance between two things:
Supporting economic growth
and controlling inflation
In short, the #FOMCMeeting is the control room for the U.S. economy… and everyone is watching for the signal.