#FOMCMeeting FOMCMeeting The Federal Open Market Committee (FOMC) is the body of the Federal Reserve of the United States responsible for formulating monetary policy. It meets eight times a year to review economic and financial conditions, determine the appropriate stance of monetary policy, and assess risks to its long-term objectives of price stability and sustainable economic growth.
FOMC decisions have a significant impact on financial markets, mortgage rates, and economic growth. Traders closely watch FOMC meetings, as even the smallest changes in monetary policy and federal funds rates can create major events that move the market.
The next FOMC meeting is scheduled for May 6 and 7, 2025. Markets are keenly anticipating this meeting for signals regarding the future of interest rates amid uncertainty.