Definition of FOMC (Federal Open Market Committee)
The monetary policy-making body of the US Federal Reserve. FOMC meetings and decisions on interest rates are among the most market-moving events in forex.
At a glance
Term
FOMC (Federal Open Market Committee)
URL slug
fomc-federal-open-market-committee
Category
General
Short answer
The monetary policy-making body of the US Federal Reserve.
Deep dives
Full A–Z glossary
Example
Apply the definition: restate “FOMC (Federal Open Market Committee)” in one sentence tied to your next trade (symbol, direction, size, stop). If you cannot, re-read the definition above.
Common mistake
Common mistake: using “FOMC (Federal Open Market Committee)” as loose slang while your broker/platform specification defines it more narrowly.
Professional tip
Tip: bookmark this “FOMC (Federal Open Market Committee)” page and reopen it when reading broker specs so definitions stay consistent.
Practice tools:
Related terms
FAQ
The monetary policy-making body of the US Federal Reserve.
Knowing the precise definition of “FOMC (Federal Open Market Committee)” prevents platform and broker-spec mistakes—a common source of size and cost errors.
Common mistake: using “FOMC (Federal Open Market Committee)” as loose slang while your broker/platform specification defines it more narrowly.