What Is FOMC?
The Federal Open Market Committee (FOMC) is a committee within the Federal Reserve System (the Fed). It’s mandate is to oversee the nation’s open market operations (i.e. the Fed’s buying and selling of United States Treasury securities). This Federal Reserve committee makes key decisions about Interest Rates and the growth of the United States money supply.
On the 27th of January, the FOMC will hold their first Monetary Policy meeting of 2021, where they are expected to hold their Interest Rates at the current <0.25%. Planning is key, save these dates to make your trading year more organized. I recently posted an episode on my podcast about GOAL SETTING. The next episode will be on time about time management.
Below is the annual FOMC dates. Kindly share this post with anyone who may need this information. You can also subscribe to this blog for notifications on new blog posts. If you have an android device, you can also download the App on Google Playstore. Thank you for stopping by.