#FOMCMeeting The **Federal Open Market Committee (FOMC)** is the branch of the U.S. Federal Reserve that determines monetary policy, including interest rate decisions and other measures to influence economic growth, employment, and inflation.
### **Upcoming FOMC Meeting (2024)**
The FOMC typically holds **eight scheduled meetings per year**. Key dates for upcoming meetings in **2024** are:
- **June 11–12, 2024** (Decision & Economic Projections)
- **July 30–31, 2024**
- **September 17–18, 2024** (Decision & Economic Projections)
- **November 6–7, 2024**
- **December 17–18, 2024** (Decision & Economic Projections)
### **What to Watch For:**
1. **Interest Rate Decision** – Will the Fed raise, cut, or hold the **federal funds rate**?
2. **Policy Statement** – Clues on future moves (hawkish vs. dovish tone).
3. **Economic Projections (SEP)** – Updates on GDP, unemployment, inflation (PCE), and the **"dot plot"** (rate forecasts).
4. **Press Conference** – Chair Jerome Powell explains the decision and outlook.
### **Current Expectations (June 2024 Meeting)**
- Likely **no rate change** (holding at **5.25%-5.50%**).
- Focus on inflation (CPI/PCE) and labor market trends.
- Possible hints on **timing of rate cuts** later in 2024.
Would you like analysis on past meetings or deeper insights into Fed policy?