#FOMCMeeting The Federal Open Market Committee (FOMC) is the branch of the Federal Reserve of the U.S. responsible for formulating monetary policy. It meets eight times a year to assess economic and financial conditions, aiming to fulfill its dual mandate: to achieve maximum employment and price stability (low inflation).

During these meetings, the FOMC decides on interest rates (specifically the federal funds rate) and open market operations, such as the buying and selling of Treasury securities. These decisions directly impact borrowing costs for businesses and consumers, influencing investment, consumption, the dollar exchange rate, and ultimately, economic growth and inflation. The minutes of these meetings, published weeks later, are closely followed by global markets.