#FOMCMeeting federal open market committee or FOMC! It is the body of the U.S. Federal Reserve for monetary policy.
It evaluates the health of the U.S. economy (inflation, employment, and growth) and decides the level of interest rates (Federal Funds Rate).
The post-meeting statements and the press conference of the current chairman are crucial for the following months. It is impossible to trade without taking a look, even briefly, at the decisions of the FOMC!!