#FOMCMeeting #FOMCMeeting (short for Federal Open Market Committee Meeting) is a meeting of the Federal Open Market Committee – a part of the Federal Reserve System of the United States (Fed). This is one of the most important financial economic events in the world.
What is the FOMC Meeting?
The FOMC meets 8 times a year (approximately every 6 weeks) to:
• Assess the economic situation in the United States (inflation, growth, unemployment...)
• Decide on monetary policy such as:
• The federal funds rate
• Buying or selling government bonds (QE or QT)
• Announce economic outlook and future policy direction
Why is the FOMC Meeting important?
• It affects global financial markets (stocks, forex, gold, crypto...)
• It impacts borrowing/lending interest rates, consumption, and investment in the U.S. and worldwide
• Investors often pay close attention to the statements of the Fed Chair and future interest rate forecasts (dot plot)
Would you like me to explain more about how the FOMC affects stocks or interest rates?