The Fed rate meeting is also known as the FOMC meeting . The Federal Open Market Committee is part of the Federal Reserve System. Its main task is to determine the monetary policy of the United States and achieve a balance between economic growth and price stability through the adjustment of monetary policy.
The main content of the Fed’s interest rate meeting is to determine the future monetary policy, not only interest rates, but also other policies. The monetary policy objective of the Fed’s interest rate meeting is to seek a balance between economic growth and inflation, and to set the interest rate target range based on this principle. The meeting usually lasts for one to two days, and the main topics discussed are: economic operation, financial market risks and monetary policy decisions. Each time, Fed economists present their findings.