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What is FOMC?

The Federal Open Market Committee, which sets US interest rates. Statements are usually released at 14:00 ET, followed by a press conference usually at 14:30 ET.

In context

Which data are released today: CPI, the jobs report (NFP), an FOMC decision, a scheduled speech? Write the exact time in New York time (ET). Then write your rule for before and after the release (see the last section of this chapter).

From Chapter 11: Putting It Together on Gold

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