#FOMCMeeting #FOMCMeeting

The Federal Open Market Committee (FOMC Meeting) is the event where policymakers at the U.S. central bank (the Federal Reserve) gather to discuss the state of the U.S. economy and make important decisions, such as raising or lowering interest rates.

Why is it important?

Because the decision that comes out of the meeting can shake global markets! If they raise the interest rate, stock markets might drop, and the dollar may rise. If they lower it, the opposite could happen.

How often does it happen?

The meeting is held about 8 times a year, and every time investors anticipate it as if it were a championship final!

The goal?

To achieve a balance between two things:

Supporting economic growth

and controlling inflation.