#FOMCMeeting FOMC (Federal Open Market Committee) Meeting is a meeting held by the Federal Reserve (Central Bank of the United States) to discuss and determine monetary policy, including interest rates and open market operations. The main objective of the FOMC is to promote price stability, economic growth, and employment.
FOMC Meeting Agenda
1. *Monetary Policy Discussion*: Discussing current economic conditions and future projections.
2. *Interest Rate Determination*: Determining the appropriate interest rate to achieve monetary policy goals.
3. *Open Market Operations*: Discussing strategies for buying or selling securities in the open market.
Impact of FOMC Meeting
1. *Interest Rate Influence*: Interest rate decisions can affect borrowing costs, inflation, and economic growth.
2. *Financial Markets*: FOMC decisions can influence stock, bond, and currency prices.
3. *Global Economy*: US monetary policy can have a significant impact on the global economy.
FOMC Meeting is held eight times a year and is closely monitored by financial markets and economists.