The Federal Open Market Committee (FOMC Meeting) is a major economic event held by the U.S. Federal Reserve eight times a year. The meeting discusses monetary policy, particularly interest rates, and aims to achieve economic stability and combat inflation. Investors closely monitor this meeting, as its decisions affect global markets, stock prices, currencies, and gold. The committee issues a statement after each meeting, outlining its outlook on the economy and future directions. This event is an important indicator of the U.S. economy's condition, and its impact extends to the economies of other countries.