#FOMCMeeting
🔍 What is the FOMC?
The FOMC is a group in the U.S. central bank 🏦. They decide whether to raise or lower interest rates 💸, which affects how much people and businesses pay for loans 💳.
🗓 What Happens in the Meeting?
They meet 8 times a year 📅 to talk about:
How the U.S. economy is doing 📊
Whether prices are rising too fast (inflation) 📈
If people are getting enough jobs 👷♂️
Whether to change interest rates 🔧
💡 Why It’s Important
Their decisions affect:
How much you pay on loans and credit cards 💵
The stock market 📉📈
Prices of things you buy 🛒
Jobs and the economy 💼
📈 What's Going on Now? (mid-2025)
They are watching inflation (rising prices) carefully 👀
People are waiting to see if they will lower interest rates ⬇️
Even small changes in what they say can affect the world economy 🌍