The Federal Open Market Committee (FOMC) is scheduled to announce its updated interest rate decision on November 7, 2024, at 2:00 PM EST. This announcement is highly anticipated by market participants, as it will provide insights into the Federal Reserve's monetary policy direction. The FOMC meeting comes amid ongoing economic discussions and speculation regarding interest rates, with notable attention from investors in major indices such as the S&P 500 ($SPY) and the Nasdaq ($QQQ). As the meeting approaches, reminders about the decision have circulated widely, emphasizing its significance for the financial markets.