#FOMCMeeting FOMC (Federal Open Market Committee) is a committee in the Federal Reserve responsible for setting monetary policy in the United States. Why does the FOMC hold meetings? Here are some main reasons:

1. Reviewing economic conditions The FOMC monitors economic data such as GDP growth, unemployment rates, inflation, and other indicators to assess the health of the US economy.

2. Determining interest rate policy They decide whether to raise, lower, or maintain the benchmark interest rate (such as the Federal Funds Rate) to achieve inflation and economic growth targets.

3. Managing inflation and price stability One of the main goals of the FOMC is to keep inflation stable and support price stability.

4. Regulating monetary easing or tightening policies If the economy is slow, they may ease policies (for example, by lowering interest rates). If the economy is too hot, they may tighten policies.

5. Communicating policies and economic prospects The FOMC also announces the results of their meetings to the public, which has a significant impact on financial markets and the global economy.

Typically, the FOMC meets every six weeks to review and set these policies. If there are urgent economic issues, they may hold emergency meetings.

If you want to know about the results of the latest meeting or the specific reasons behind certain decisions, please let me know!