#FOMCMeeting The Federal Open Market Committee (FOMC) meeting is a crucial event in the world of finance, where the Federal Reserve's policymakers gather to discuss and set monetary policy. Here's what's important to know:

*What is the FOMC?*

The FOMC is a committee of the Federal Reserve, comprising 12 members, including the Fed chair and president of the New York Fed, who meet eight times a year to discuss economic conditions and set interest rates.¹

*Key Discussion Points:*

- *Interest Rates*: The FOMC decides on interest rates, which can significantly impact the economy, employment, and inflation.

- *Economic Projections*: The committee releases its Summary of Economic Projections (SEP), also known as the "dot plot," which outlines expected interest rates and economic growth.

- *Monetary Policy*: The FOMC's decisions aim to promote maximum employment, stable prices, and moderate long-term interest rates.²

*Upcoming FOMC Meeting:*

The next FOMC meeting is scheduled for June 17-18, 2025. Although no rate cuts are expected, the market will closely watch the SEP and Fed Chair Jerome Powell's press conference for insights into future monetary policy decisions.³

*Impact on Markets:*

The FOMC's decisions can significantly influence the stock market, bond yields, and currency exchange rates. Investors and analysts closely monitor the committee's actions and statements to gauge the economy's direction and make informed investment decisions.

*Key Players:*

- *Jerome Powell*: The current Fed chair, whose term ends on May 15, 2026.

- *FOMC Voting Members*: Include the Fed chair, vice chair, and presidents of the New York, Boston, Chicago, St. Louis, and Kansas City Fed banks.