en
FOMC
/ˌɛf.oʊ.ɛmˈsiː/
Definition
1
FOMC is the acronym for the Federal Open Market Committee, the branch of the United States Federal Reserve System responsible for setting monetary policy, including decisions on interest rates and open market operations.
Examples
Traders glued to their screens turned into FOMC whisperers, predicting rate cuts like fortune tellers with Bloomberg terminals.
When the FOMC minutes dropped, the dot plot had more twists than a Wall Street soap opera.
Crypto enthusiasts blamed the FOMC for their portfolio's bad hair day after the latest hawkish hike.
The FOMC chair's poker face during the presser was legendary—zero spoilers, all suspense.