The FOMC meeting is a key event where the Federal Open Market Committee, part of the U.S. Federal Reserve, sets monetary policy. Held eight times a year, it influences interest rates, inflation, and economic growth. During the meeting, members analyze economic data such as employment, GDP, and inflation trends. Based on this, they decide whether to raise, lower, or maintain the federal funds rate. The decisions impact borrowing costs, stock markets, and global economies. After each meeting, the Fed issues a statement and holds a press conference, providing insight into its economic outlook and future policy intentions. Markets react closely to it.