#FOMCMeeting The Federal Open Market Committee (FOMC) meeting is a crucial event in the financial calendar, typically held eight times a year. During these meetings, the committee discusses and decides on monetary policy, including setting interest rates. The FOMC's decisions significantly impact the US economy, influencing inflation, employment, and overall economic growth ¹.
*Key Aspects of FOMC Meetings:*
- *Interest Rate Decisions*: The FOMC sets the target federal funds rate, which affects other interest rates, including FX rates and bond prices.
- *Monetary Policy*: The committee uses policy tools to achieve its dual mandate of price stability and full employment.
- *Market Impact*: FOMC meetings are closely watched by traders, investors, and economists, as the decisions made can significantly impact financial markets ².
*Upcoming FOMC Meeting:*
The next FOMC meeting is scheduled for May 6-7, 2025, with the policy announcement expected on May 7, 2025, at 11:30 PM IST. Jerome Powell will lead the meeting, where members will evaluate and discuss current economic conditions ³.
*Where to Watch FOMC Meetings:*
You can catch live updates on the Fed's official website, YouTube channel, or financial news websites like Livemint ⁴.