Golden Finance reported that the Federal Open Market Committee （FOMC） will announce its decision to raise interest rates on Wednesday. The FOMC is expected to keep the federal funds rate target range at 5.25%-5.5%, a 22-year high. Fed Chairman Jerome Powell said that the committee will evaluate the impact of the latest rate hikes at the end of the rate hike campaign. Even though inflation remains above the Fed's 2% target, the FOMC committee will declare a "pause" for the second time this year. However, if inflation increases, the Fed may increase interest rates by another 25 basis points at the end of the year.

Wall Street giants expect a "pause" in September, but rising oil prices threaten to push inflation back up. JPMorgan, Goldman Sachs, Morgan Stanley, Barclays, BNP Paribas, $Bank$ of Montreal, Bloomberg, Nomura, Royal Bank of Canada and Wells Fargo are pausing estimates. Raymond James and Mizuho are expected to raise interest rates by 25 basis points. The CME FedWatch tool shows a 99% chance of a pause at the next FOMC meeting on September 20. Meanwhile, the US dollar index（DXY） continues to remain above 105 and $Bitcoin$ prices face the risk of continued pressure. #ContentStar# #GateioBountyCreator# #HotTopicDiscussion# #BountyCreator# #NewsMessenger#