The Federal Open Market Committee (FOMC) set the benchmark overnight borrowing rate.

The entities involved

• FED →

  business

  • US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
  • Iran closed the Strait of Hormuz, halting petroleum liquids movement and raising inflation concerns, which Donald Trump views as a potential solution.Mon 16:16
• Federal Open Market Committee →

  committee of the United States Federal Reserve

  • The Federal Open Market Committee (FOMC) is the policy-setting body of the FED, with reports detailing Trump's influence on nominations.Mon 14:19
  • The Federal Open Market Committee (FOMC) sets policy for the FED, while analysts in Guangzhou comment on the decisions.Mon 12:15

Related events

• The Federal Open Market Committee (FOMC) voted to lift the benchmark federal funds rate on September 17, 2026.Sep 17
• FOMC rate hikes led to increased borrowing costs for American auto loans.Sep 17
• The Federal Open Market Committee (FOMC) forms the central bank's decision body while facing pressures regarding potential interest rate cuts.Jun 17
• The FOMC approved the interest rate increase on September 16, 2026.Sep 17
• The Federal Open Market Committee (FOMC) unanimously voted for a rate hike on September 1, 2026.Sep 16