$BTC The FOMC Meeting refers to the Federal Open Market Committee meeting, a key event where the Federal Reserve (Fed) sets U.S. monetary policy, including interest rates and economic outlook.
Key Details:
Full Form: Federal Open Market Committee
Frequency: 8 times a year (roughly every 6 weeks)
Main Goals:
Control inflation (price stability)
Maximize employment
Maintain stable interest rates and long-term growth
What Happens at an FOMC Meeting?
Review of economic data: Employment, inflation, GDP, global trends.
Interest rate decisions: Raise, lower, or hold the federal funds rate.
Forward guidance: Statements about the economy and future policy direction.
Press conference (by Fed Chair, e.g., Jerome Powell): Explains decisions and outlook.
Why Traders & Investors Watch It:
A rate hike can strengthen the USD, hurt stocks, and lower crypto prices.
A rate cut may weaken the USD, boost stocks, and help crypto.
Even tone/language (hawkish or dovish) can move markets.
Would you like info on the next FOMC meeting date, recent decisions, or **how it impacts crypto/forex