#FOMCMeeting Federal Reserve Decision on Interest Rates and the Federal Open Market Committee (FOMC) Meeting

The news shown in the image refers to a highly significant economic event: the announcement by the American Federal Reserve (the central bank of the United States) regarding its decision on interest rates. This decision typically results from a meeting of the Federal Open Market Committee (FOMC), which is the main body responsible for monetary policy within the Federal Reserve.

What is the Federal Reserve?

The Federal Reserve is the central bank of the United States. Its main responsibilities include maintaining price stability, maximizing sustainable employment, and adjusting interest rates to guide the economy.