#FOMCMeeting The meeting of the Federal Open Market Committee (FOMC) is a key event where the U.S. Federal Reserve sets monetary policy. In these meetings, economic indicators such as inflation, employment, and economic growth are assessed to decide whether to adjust interest rates. The FOMC's decisions affect global financial markets, as they influence the cost of credit and economic confidence. They are generally held eight times a year, and their conclusions are closely followed by investors, economists, and governments around the world.