#FOMCMeeting

The Federal Open Market Committee (FOMC) meeting is a key event where the monetary policy of the United States is decided. Comprising members of the Federal Reserve Board of Governors and rotating Federal Reserve Bank presidents, the FOMC meets eight times a year to assess economic conditions and determine the appropriate stance for monetary policy.

These meetings are crucial as they involve decisions on interest rates and other tools that influence the money supply, credit, and overall economic stability. Outcomes from FOMC meetings have a significant impact on financial markets, businesses, and consumers alike. The minutes of these meetings are released later, providing insights into the committee's perspectives.