#FOMCMeeting

Meeting of the Federal Open Market Committee (FOMC), which is the committee responsible for setting monetary policy in the United States, specifically the key interest rates.

Simplified explanation:

The meeting is usually held 8 times a year (sometimes more if necessary).

In this meeting, committee members discuss economic conditions (such as inflation, unemployment, economic growth).

Based on these discussions, they make a decision about raising, lowering, or maintaining the interest rate.

FOMC decisions significantly impact global financial markets, including stocks, currencies, and gold.

Why is it important?

Because the policies adopted by the committee affect:

The cost of borrowing and financing.

The value of the US dollar.

Decisions of other central banks around the world.