The FOMC Meeting is the gathering where the makers of monetary policy at the American central bank (the Federal Reserve) come together to discuss the state of the economy and make pivotal decisions, such as adjusting interest rates.

Why is it important?

Because the decision issued from it can move global markets!

Raise interest rates? The dollar rises, and stocks may fall.

Lower interest rates? The opposite happens.

How many times is it held?

The meeting is held about 8 times a year, and each time investors around the world await it as if it were the World Cup final!

And what is its goal?

Achieving a delicate balance between:

Supporting economic growth

and controlling inflation.

In summary:

The FOMC Meeting is like the control room of the American economy… and all markets await its decisions.