Why do FOMC is so important?

now let's dig in to it

FOMC stands for the Federal Open Market Committee. It is a branch of the Federal Reserve System (the central bank of the United States) responsible for setting U.S. monetary policy.

Key Functions of the FOMC:

-Setting interest rates (especially the federal funds rate)

-Controlling money supply

-Managing inflation and employment goals

-Overseeing open market operations (buying and selling government securities)

Why It Matters:

-The FOMC's decisions influence:

-Borrowing costs (mortgages, loans, credit cards)

-Stock and crypto markets

-Inflation

-U.S. economic growth

The next Federal Open Market Committee (FOMC) meeting is scheduled for June 17–18, 2025. This meeting will include the release of the Summary of Economic Projections, providing insights into the Federal Reserve's outlook on the economy and interest rates.

The FOMC meets eight times annually to set U.S. monetary policy, and its decisions can significantly impact global financial markets. For the full 2025 meeting calendar, you can visit the Federal Reserve's official website: #GENIUSAct #BTC $TRUMP