#FOMCMeeting

The FOMC (Federal Open Market Committee) meeting is a key event where the Federal Reserve’s monetary policy body, consisting of 12 members (7 from the Board of Governors and 5 from regional Federal Reserve Banks), convenes to set U.S. monetary policy. Held eight times a year, these meetings focus on decisions like adjusting the federal funds rate, which influences borrowing costs, inflation, and economic growth. The FOMC reviews economic data, discusses forecasts, and issues statements or projections (e.g., the "dot plot") that signal future policy moves. Outcomes can impact markets, employment, and inflation. The latest meeting in June 2025 projected one rate cut for the year, with a median federal funds rate of 4.1% by year-end, down from 4.6% previously.