## Understanding FOMC: The U.S. Federal Open Market Committee
### What is FOMC and what does it do
If you are an investor or follow financial news, you will often encounter the term FOMC, especially during FOMC meetings. The (Federal Open Market Committee) is involved in making monetary policy decisions that significantly impact the money markets, bond markets (Bond), and foreign exchange markets (Forex).
FOMC is a body within the U.S. Federal Reserve consisting of 12 members responsible for guiding monetary policy through open market operations (Open Market Operations – OMOs) to achieve two m
View Original### What is FOMC and what does it do
If you are an investor or follow financial news, you will often encounter the term FOMC, especially during FOMC meetings. The (Federal Open Market Committee) is involved in making monetary policy decisions that significantly impact the money markets, bond markets (Bond), and foreign exchange markets (Forex).
FOMC is a body within the U.S. Federal Reserve consisting of 12 members responsible for guiding monetary policy through open market operations (Open Market Operations – OMOs) to achieve two m