What is #FOMCMeeting and why is everyone talking about it? 📊💬

Every few weeks, the economic world holds its breath in anticipation — the FOMC (Federal Open Market Committee) meeting is approaching 🇺🇸. This is the most significant event in the financial markets, and here's why 👇

📌 What is FOMC?

FOMC is the Federal Open Market Committee of the United States Federal Reserve (Fed). It determines the monetary policy of the U.S., including the key interest rate 💰📉📈.

📅 What happens at the meeting?

At each FOMC meeting:

The current state of the economy is analyzed 🧠📊

A decision is made on the interest rate (to leave it, raise it, or lower it) 💵⚖️

A statement is published with forecasts on inflation, employment, and economic growth 📃🔮

🤯 Why is this important?

📍 Stock Market: any hints of a rate hike = stock prices fall 📉

📍 Currency: the dollar strengthens with "hawkish" rhetoric 🦅

📍 Inflation: the Fed fights it by raising rates 💣

📍 Mortgage and loans: rates rise — loans become more expensive 🏠💸