FOMC Interest Rate Statement
Definition: The
Federal Open Market Committee (FOMC) releases their "Federal
Funds Rate" or Interest Rate decision eight times per year. The
decision is made with a heavy focus towards controlling inflation.
Rising inflation is controlled by raising rates while lowering
rates can help stimulate a slowing economy.
Additional
Info: Traders
watch the rate announcement and the commentary very closely for
clues about the future direction of the economy and possible rate
hikes or reductions.
Related Terms: FOMC
Meeting Minutes - FOMC
Discount Rate Announcement - BOE
Interest Rate Statement - ECB
Interest Rate Announcement - BOJ Interest
Rate Announcement
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