#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 its main decision-making body. These meetings are held 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, the rate may be increased, while if the economy slows down, it may be lowered. FOMC decisions affect not only the United States but the global economy as well, as the US dollar is a global reserve currency. Therefore, investors and financial markets closely monitor these meetings. The outcomes of the FOMC meeting can directly impact the value of the dollar, the stock market, and the prices of gold and oil.