๐ฅ FOMC Meeting โ What You Must Know! ๐ฆ๐
The FOMC (Federal Open Market Committee) is the decision-making body of the U.S. Federal Reserve. It meets regularly to set interest rates and guide monetary policy. These decisions affect inflation, loans, jobs, and the stock market. ๐ฐ๐
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Key FOMC Terms Youโll Hear:
Interest Rate Hike โฌ๏ธ โ to control inflation
Rate Cut โฌ๏ธ โ to boost economic growth
Hawkish ๐ฆ โ favors higher rates
Dovish ๐๏ธ โ favors lower rates
Quantitative Tightening ๐ โ reduces money supply
Inflation ๐ฅ โ rising prices
Balance Sheet ๐งพ โ Fedโs financial assets
Economic Outlook ๐ โ future predictions
Jobs Data ๐ทโโ๏ธ โ key for Fed decisions
Fed Chair Speech ๐ฃ๏ธ โ watch for market clues!