Fri, Sep 15|
Federal Open Market Commitee Meeting
The FOMC meets eight times a year to set interest rates.
Time & Location
Sep 15, 2023, 12:00 AM
About the event
One of primary tools of the FOMC uses to implement monetary policies is adjusting the federal funds rate, which influences borrowing costs for consumers, businesses, and banks. Additionally, the FOMC can engage in open market operations, which involove buying or selling government securities to influence the money supply and interest rates.