The FOMC (Federal Open Market Committee) meeting is a crucial event where the US Federal Reserve shapes monetary policy. Today, June 17, 2025, is actually one of the scheduled FOMC meeting dates, alongside June 18. Here's what you need to know¹:
*What happens at FOMC meetings?
- The committee discusses and decides on interest rates based on the US economy's performance.
- They make decisions on buying and selling US Treasury securities to regulate liquidity in the market.
- The FOMC's dual mandate aims to achieve price stability (targeting 2% inflation) and maximum employment (bolstering the labor market).
*Impact on financial markets
- Interest rate decisions can cause fluctuations in exchange rates and commodity prices.
- The FOMC's stance on monetary policy can influence stock markets, including the S&P 500, and cryptocurrencies like Bitcoin.
- Traders and investors closely watch FOMC meetings to adjust their strategies accordingly.
❤️Recent FOMC meeting trends❤️
- In previous meetings, the Federal Reserve has kept interest rates steady, citing concerns about inflation and economic growth.
- The committee's decisions have impacted cryptocurrency markets, with Bitcoin's price showing heightened volatility around FOMC meetings❤️❤️
