#FOMCMeeting
It is the meeting where the architects of monetary policy at the U.S. Federal Reserve gather to discuss the state of the economy and make pivotal decisions, such as adjusting interest rates.
Why is it important?
Because the decisions made there can move global markets!
Raise interest rates? The dollar goes up, and stocks may fall.
Lower interest rates? The opposite happens.
How often does it occur?
The meeting is held about 8 times a year, and each time investors around the world await it as if it were the final of a cup!
And what is its goal?
To achieve a delicate balance between:
Supporting economic growth
And controlling inflation
In summary:
The FOMC Meeting is like the control room of the American economy… and all markets are awaiting its decisions.