#FOMCMeeting The **Federal Open Market Committee (FOMC)** is the branch of the U.S. Federal Reserve responsible for setting monetary policy, particularly through decisions on interest rates and open market operations. Here’s what you need to know about FOMC meetings:

### **Upcoming FOMC Meeting (2024 Schedule)**

The FOMC typically meets **eight times a year**. Key remaining meetings in 2024 are:

- **July 30–31, 2024**

- **September 17–18, 2024**

- **November 6–7, 2024** (election week)

- **December 17–18, 2024**

### **What to Watch For**

1. **Interest Rate Decisions** – Will the Fed raise, cut, or hold the federal funds rate?

2. **Economic Projections** – Updates on GDP, inflation (PCE), and unemployment forecasts.

3. **Press Conference** – Fed Chair Jerome Powell’s remarks (held after every meeting in 2024).

4. **Dot Plot** – Released quarterly (next update in September), showing Fed officials' rate expectations.

### **Recent Decision (June 12, 2024)**

- **Held rates steady** at **5.25%-5.50%** (highest since 2001).

- **Projected only one rate cut in 2024** (down from three in March).

- Inflation remains sticky (Core PCE at 2.8% YoY).

### **Market Impact**

- Stocks (S&P 500, Nasdaq) react to rate expectations.

- Treasury yields (10-year, 2-year) shift based on Fed outlook.

- The USD (DXY Index) strengthens if rates stay higher for longer.

Would you like analysis on past meetings or predictions for the next one?