#FOMCMeeting
The FOMC (Federal Open Market Committee) meeting is a crucial event that impacts global financial markets, including cryptocurrencies. Here's what you need to know:
- *Purpose*: The FOMC meeting is held to discuss and decide on monetary policy, including interest rates and quantitative easing.
- *Impact on Crypto*: The meeting can influence cryptocurrency prices, as changes in interest rates and monetary policy can affect investor sentiment and risk appetite.
- *Recent Meeting*: The latest FOMC meeting resulted in a 25-basis-point cut, with an 86.2% probability of another cut.
- *Upcoming Meeting*: The next FOMC meeting is scheduled for December 10, 2024, with expectations of further rate adjustments.
