#FOMCMeeting
The FOMC meeting refers to the Federal Open Market Committee meeting held by the U.S. Federal Reserve to make key decisions about monetary policy, especially interest rates.
๐ What Is the FOMC?
The FOMC is a branch of the U.S. Federal Reserve System responsible for:
Setting the federal funds rate (interest rate banks charge each other)
Managing the money supply
Guiding the U.S. economy toward goals like stable inflation and full employment
๐๏ธ How Often Are FOMC Meetings Held?
The FOMC meets 8 times a year (roughly every 6 weeks). Emergency meetings can also be called during economic crises.
๐ง Why Do Markets Care?
Because their decisions directly impact:
Inflation
Borrowing costs
Stock market and crypto prices
Currency value (USD strength)
๐ฅ Key FOM