#FOMCMeeting The Federal Open Market Committee (FOMC) meetings are crucial events in the financial world. Comprised of Federal Reserve Board Governors and regional Fed Presidents, the FOMC meets eight times annually to assess economic and financial conditions, determining the appropriate stance of U.S. monetary policy. Their primary goal is to achieve maximum employment and stable prices (low inflation).

During these meetings, members discuss economic data, forecasts, and potential risks, culminating in decisions on interest rates and open market operations. These decisions significantly impact everything from borrowing costs for consumers and businesses to currency exchange rates and stock market performance. Traders closely watch FOMC announcements, press conferences, and meeting minutes for clues on future policy shifts, which can induce substantial market volatility.