#FOMCMeeting refers to the regular meeting of the Federal Open Market Committee, the policy-making body of the Federal Reserve (the Fed) in the United States. These meetings are crucial because they:

Set short-term interest rates, especially the federal funds rate.

Provide updates on the economic outlook and inflation.

Influence monetary policy decisions like quantitative easing or tightening.

Affect financial markets globally due to the U.S. dollar’s influence.

FOMC meetings are typically held eight times per year, and a statement is released at the end of each meeting, often followed by a press conference by the Fed Chair.