#FOMCMeeting

The Federal Open Market Committee (FOMC) meeting is a pivotal event in the US financial calendar. Here's what you need to know ¹:

- *Purpose*: The FOMC meets to discuss and set monetary policy, including interest rates, to promote economic stability and achieve the dual mandate of price stability and low unemployment.

- *Frequency*: The committee meets at least eight times a year, with meetings typically held in January, March, May, June, July, September, November, and December.

- *Key Discussions*: FOMC members review economic conditions, debate monetary policy, and vote on interest rates and other tools to influence the economy.

- *Impact*: The FOMC's decisions have significant implications for financial markets, and investors closely watch the meetings for insights into future economic trends.

The upcoming FOMC meeting is scheduled for June 17-18, and markets are expecting no rate changes, with a 99% chance of interest rates remaining unchanged. However, President Donald Trump has urged the Fed to cut rates by 1%, citing the European Central Bank's recent rate cuts ².