🎯 What is the FOMC meeting?
The FOMC meeting is the U.S. central bank's meeting to determine interest rates and control inflation and economic growth. It occurs 8 times a year and affects all markets from the dollar to gold, and even cryptocurrencies.
📉 If they raise interest rates:
The dollar strengthens, and markets feel the danger, so we might see a drop in cryptocurrencies and stocks.
📈 If they lower interest rates:
The dollar weakens, and investors look for higher returns, so cryptocurrencies and gold might rise.
🕒 Investors are watching the meeting as if it is a critical moment!
