#FOMCMeeting

The meetings of the Federal Open Market Committee (FOMC) are crucial events in the financial world. Composed of the governors of the Federal Reserve and the regional presidents of the Fed, the FOMC meets eight times a year 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 (with low inflation).

During these meetings, members discuss economic data, forecasts, and potential risks, important in decisions regarding interest rates and open market operations. These decisions have a significant impact on everything from borrowing costs for individuals and businesses to currency exchange rates and stock market performance. Traders closely monitor FOMC announcements.