#FOMCMeeting
The Federal Open Market Committee (FOMC) meeting is a key event where U.S. monetary policy decisions are made. Held eight times a year, it involves top Federal Reserve officials who assess economic indicators like inflation, employment, and GDP. Based on this analysis, the FOMC sets the federal funds rate, which influences interest rates across the economy. A decision to raise rates typically aims to control inflation, while lowering rates supports economic growth. Markets and investors closely watch FOMC statements and the Fed Chair’s remarks for clues about future policy. These meetings significantly impact global financial markets, lending conditions, and consumer confidence in the U.S. economy.