#FOMCMeeting
The Federal Open Market Committee (FOMC) meeting is a crucial event in the financial calendar where the Federal Reserve discusses and sets monetary policy. Here's what you need to know .
- Recent Meeting : The last FOMC meeting was held on July 30-31, 2024, where the committee decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent.
- Next Meeting : The next FOMC meeting is scheduled for September 17-18, 2024, with minutes to be released on October 9, 2024. In 2025, the FOMC meeting minutes will be released on the following dates .
- January 28-29: Minutes released on February 19, 2025
- March 18-19 : Minutes released on April 9, 2025
- May 6-7 : Minutes released on May 28, 2025
-June 17-18 : Minutes to be released on July 9, 2025
- July 29-30 : Minutes to be released on August 20, 2025
- Impact on Markets : FOMC meeting minutes can significantly impact the foreign exchange market, influencing interest rate expectations and the value of the US dollar. Traders and investors closely analyze the minutes to anticipate future interest rate moves.
- Monetary Policy : The FOMC's monetary policy decisions aim to achieve maximum employment and price stability, with a target inflation rate of 2 percent. The committee carefully assesses incoming data, the evolving outlook, and the balance of risks when making policy decisions.$BTC