Real Time Market [RTM] Next Live Session On 9/18/24 At 1:45 PM ET - FOMC MEETING
What is the FOMC?
The Federal Open Market Committee [FOMC] is a committee within the Federal Reserve System that is responsible for setting interest rates and conducting monetary policy for the United States.
The FOMC meets eight times a year to discuss economic conditions and to set interest rates.
What is the FOMC meeting?
The FOMC meeting is a two-day meeting that is held in Washington, D.C.
At the meeting, the FOMC members discuss economic conditions and vote on whether to change interest rates.
Why is the FOMC meeting important?
The FOMC meeting is important because it can have a significant impact on the economy.
If the FOMC decides to raise interest rates, it can make it more expensive for businesses to borrow money.
This can lead to slower economic growth and higher unemployment.
If the FOMC decides to lower interest rates, it can make it less expensive for businesses to borrow money.
This can lead to faster economic growth and lower unemployment.
What to expect from the September 2024 FOMC meeting
The September 2024 FOMC meeting is expected to be a closely watched event.
The FOMC is widely expected to raise interest rates at this meeting.
This would be the first interest rate hike since December 2018.
The FOMC is also expected to discuss the economic outlook and provide guidance on the future path of interest rates.
How to watch the FOMC meeting
The FOMC meeting will be streamed live on the Federal Reserve's website.
You can also watch the meeting on C-SPAN or CNBC.
The FOMC will release a statement at the conclusion of the meeting.
The statement will provide details on the FOMC's decision on interest rates and the economic outlook.
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