#FOMCMeeting
The FOMC Meeting refers to the regular gathering of the Federal Open Market Committee, the policy-making body of the U.S. Federal Reserve. This committee meets eight times per year to assess the health of the U.S. economy and decide on key monetary policies, especially the federal funds rate, which influences interest rates across the economy. During each meeting, the FOMC reviews data on inflation, employment, GDP growth, and other economic indicators to guide decisions that promote maximum employment, stable prices, and moderate long-term interest rates. After each meeting, the Fed issues a statement summarizing its outlook and any changes in policy. When significant changes are made or expected, these decisions can cause sharp movements in financial markets. The Fed Chair, currently Jerome Powell, often holds a press conference to explain the committee’s reasoning and expectations. FOMC meetings are crucial events for investors, businesses, and policymakers worldwide.
Would you like the next FOMC meeting date or a summary of the last one?
