#FOMCMeeting The Federal Open Market Committee (FOMC) meeting is a critical event where the Federal Reserve’s monetary policy decisions are made. Held eight times a year, the FOMC, comprising twelve members including seven Federal Reserve Board governors and five Reserve Bank presidents, evaluates economic conditions to set interest rates and guide monetary policy. Decisions on the federal funds rate influence borrowing costs, economic growth, and inflation. Markets closely watch FOMC statements and minutes for insights into future policy moves. The meetings balance objectives like price stability and maximum employment, shaping the U.S. economy’s trajectory and impacting global financial markets significantly.