The FOMC meeting refers to a regular gathering of the Federal Open Market Committee, the main body within the U.S. Federal Reserve responsible for setting monetary policy. The FOMC meets eight times a year to review economic and financial conditions, determine the appropriate stance of monetary policy, and assess risks to its goals of price stability and sustainable economic growth. During these meetings, members discuss interest rates, the money supply, and other tools to help guide the U.S. economy. Decisions made at FOMC meetings, such as changes to the federal funds rate, are closely watched by financial markets due to their wide impact on the economy
