#FOMCMeeting

The Federal Open Market Committee (FOMC) meeting is the meeting where the U.S. Federal Reserve (the central bank) decides the monetary policy for the United States. The most important decision made in these meetings is the interest rate decision.

Its importance:

* Affects interest rates: FOMC decisions determine interest rates in America, which affects the cost of borrowing for businesses and individuals (such as home and car loans).

* Affects global markets: Due to the impact of the U.S. dollar on the global economy, FOMC decisions significantly influence stock, currency, and commodity markets around the world.

* Affects inflation and employment: The committee's decisions aim to achieve price stability (controlling inflation) and maximize employment.

Meetings are held eight times a year, and their decisions and meeting minutes are issued to provide transparency regarding future monetary policy directions.