#FOMCMeeting The Federal Open Market Committee (FOMC) meetings are crucial events in the global financial calendar. As the monetary policy-setting arm of the U.S. Federal Reserve, the FOMC meets eight times a year to assess economic conditions and determine the appropriate stance of monetary policy. Their primary goals are to achieve maximum employment and price stability.

Decisions made at these meetings, particularly regarding the federal funds rate, significantly impact interest rates across the economy, affecting everything from mortgages to business loans. The FOMC's statements and projections are closely scrutinized by markets for insights into future policy actions, influencing asset prices, the US dollar, and overall economic sentiment. For instance, a rate hike can strengthen the dollar and cool inflation, while a cut aims to stimulate growth.