#FOMCMeeting The FOMC (Federal Open Market Committee) meeting is a key event where U.S. monetary policy decisions are made. Held eight times a year, it influences interest rates, inflation, and economic growth. The committee reviews economic conditions, sets the federal funds rate, and provides forecasts. These decisions affect global financial markets and investor sentiment. When rates are raised, borrowing becomes costlier, slowing inflation. Lowering rates boosts spending and investment. Market participants closely watch the FOMC's statements and press conferences for clues about future policy. The FOMC’s actions are crucial for maintaining economic stability and achieving maximum employment and price stability in the U.S. economy.