#FOMCMeeting FOMC is an abbreviation that refers to the Federal Open Market Committee, which meets amid speculation about a interest rate cut.

Especially since Jerome Powell is the Chairman of the Federal Reserve.

If the interest rate is cut, it will lead to a significant upward wave in the global stock market and certainly in the cryptocurrency market.

Observers believe that the trend is towards lowering the interest rate.

This is certainly based on the percentage of the interest rate cut, and this will be the most prominent event in the financial and monetary arena. There is no doubt that this event affects not only the stock market and cryptocurrencies but also impacts the financial and monetary policies in many countries around the world.