The minutes of the Federal Reserve's interest rate meeting are equivalent to meeting minutes.

The Federal Reserve's interest rate meeting is also called an FOMC meeting, which is a meeting of the Federal Open Market Committee. The FOMC is affiliated with the Federal Reserve System. Its main task is to determine U.S. monetary policy and achieve a balance between economic growth and price stability through the control of monetary policy.

balance.

The main content of the meeting is to determine future monetary policy, not only interest rates, but also other policy decisions.

The Federal Reserve's interest rate meeting pays special attention to two issues facing the economy: economic growth and inflation.

If interest rates are too high, economic growth may slow down and cause a recession; on the other hand, if interest rates are too low, economic growth may exceed the economy's potential, causing inflation.

Therefore, the monetary policy goal of the Federal Reserve's interest rate meeting is to seek a balance between economic growth and inflation, and set the interest rate target range based on this principle.

The meeting usually lasts one to two days, and the main contents discussed are: economic performance, financial market risks, and monetary policy decisions.

Each time, economists from the Federal Reserve will present research results.