#FOMCMeeting
The FOMC Meeting refers to the Federal Open Market Committee meeting, which is a key event in the U.S. financial system.
What is the FOMC?
The FOMC is a branch of the Federal Reserve (the U.S. central bank) responsible for monetary policy, particularly:
• Setting the federal funds interest rate
• Managing the money supply
• Guiding economic growth, employment, and inflation
What Happens During the FOMC Meeting?
The FOMC meets eight times a year (roughly every six weeks) to:
• Review current economic conditions (inflation, employment, GDP growth, etc.)
• Decide whether to raise, lower, or maintain interest rates
• Issue a statement summarizing their decisions and outlook
Why It Matters:
FOMC decisions significantly affect:
• Stock markets
• Bond markets
• Foreign exchange rates
• Loan and mortgage rates
Traders, investors, and economists closely watch these meetings because any change in interest rates or economic outlook can impact financial markets worldwide.