---
title: "FOMC - Meaning & GFN's Figure - Get Funded Now"
description: "The Federal Open Market Committee, the body that sets US interest rates. Its scheduled decision, written statement and press conference move every…"
url: "https://getfundednow.com/glossary/fomc"
language: "en"
last_modified: "2026-09-22"
publisher: "Get Funded Now (getfundednow.com)"
translations:
  es: "https://getfundednow.com/es/glossary/fomc"
  pt-BR: "https://getfundednow.com/pt-br/glossary/fomc"
  fr: "https://getfundednow.com/fr/glossary/fomc"
  it: "https://getfundednow.com/it/glossary/fomc"
  de: "https://getfundednow.com/de/glossary/fomc"
disclosure: "All trading at Get Funded Now is simulated. 'Funded' means a simulated or virtual account; GFN is not a broker and does not hold client funds."
---

Sessions and events

# FOMC

The Federal Open Market Committee, the body that sets US interest rates. Its scheduled decision, written statement and press conference move every dollar-denominated market, usually in two distinct waves about half an hour apart.

GFN’s figure

On a GFN funded account the ±3 minute high-impact news window applies around a relevant release. Instant accounts start at the funded stage, so the rule applies from day one.

In detail

## FOMC, explained

The decision moves markets first; the press conference half an hour later frequently moves them further and in the opposite direction, which makes the whole event longer than a single release.

For a prop account the practical point is duration: volatility persists well past the headline, so a news-window rule around the release is not the end of the disruption.

[The rule in full →](https://getfundednow.com/rules/news-trading) · [Rules handbook](https://getfundednow.com/rules) · [Gold and metals at GFN](https://getfundednow.com/instruments/gold) · [More sessions and events](https://getfundednow.com/glossary/category/sessions)

Related

## Terms that come with it

Most rules only make sense next to the ones they interact with. These are the entries this one depends on.

- [Interest rate decision](https://getfundednow.com/glossary/interest-rate-decision) - A central bank's scheduled announcement of its policy rate. Rate differentials drive currency valuations, so these decisions and the guidance attached to them are the largest scheduled events in forex.
- [News trading](https://getfundednow.com/glossary/news-trading) - Trading around scheduled economic releases, where volatility and spreads both spike at once. The strategy depends on execution quality at exactly the moment execution quality is at its worst, which is why most firms restrict it on funded accounts.
- [Economic calendar](https://getfundednow.com/glossary/economic-calendar) - A schedule of upcoming data releases with their expected impact, previous readings and forecasts. Checking it before a session is the cheapest risk control available to a trader.
- [CPI release](https://getfundednow.com/glossary/cpi-release) - The monthly consumer price index, the headline measure of inflation. It drives interest rate expectations more directly than almost any other release, which is why it moves currencies, metals and index instruments simultaneously.
- [SPX500](https://getfundednow.com/glossary/spx500) - The common symbol for an instrument tracking the S&P 500, a market-cap weighted index of 500 large US companies. It is the standard benchmark for the US equity market.

Also governed by [/rules/news-trading](https://getfundednow.com/rules/news-trading)

[New York session](https://getfundednow.com/glossary/new-york-session) · [Non-farm payrolls](https://getfundednow.com/glossary/non-farm-payrolls)

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Source: https://getfundednow.com/glossary/fomc
Facts about Get Funded Now in one file: https://getfundednow.com/llms.txt