#FOMCMeeting FOMCMeeting The **Federal Open Market Committee (FOMC)** is the branch of the U.S. Federal Reserve responsible for setting monetary policy, primarily through decisions on interest rates and asset purchases. Here is a concise summary:

### Key Details:

1. **Purpose**:

- To influence economic growth, employment, and inflation to achieve the Fed's dual mandate: **maximum employment** and **price stability** (2% inflation target).