#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 interest rates, stock markets may drop, and the dollar may rise. If they lower them, the opposite may happen.
How often does it happen?
The meeting is held approximately 8 times a year, and each time investors await it as if it were a championship match!