#FOMCMeeting The Federal Open Market Committee (FOMC) is a key branch of the U.S. Federal Reserve responsible for setting monetary policy, particularly by managing interest rates and the money supply. It meets approximately eight times a year to review economic conditions and decide whether to raise, lower, or maintain the federal funds rate. The FOMC’s decisions influence inflation, employment, and overall economic growth. It comprises 12 members, including the seven Federal Reserve Board governors and five of the 12 regional Federal Reserve Bank presidents. Market participants closely watch FOMC announcements, as they significantly impact financial markets, consumer loans, and global economic conditions.