#FOMCMeeting FOMC Meeting (Federal Open Market Committee Meeting)

FOMC Meeting is the meeting of the Federal Reserve, which is considered the central bank of the United States and is the main decision-making body of the Federal Reserve System. These meetings occur 8 times a year and are crucial for setting the monetary policy of the United States. The committee makes decisions by changing interest rates (Federal Funds Rate), assessing economic growth, inflation, and unemployment levels. If inflation is high, rates may be increased, while if the economy slows down, they may be decreased. FOMC decisions affect not only the United States but the global economy as well, since the US dollar is the global reserve currency. Therefore, investors and financial markets closely monitor these meetings. The outcomes of the FOMC meeting can directly impact the dollar exchange rate, stock market, and the prices of gold and oil.